| We�re taking yet another step towards making member firm operations more efficient��.. within the next several weeks we will implement enhancements to the Give-Up process. The change will enable firms to facilitate give-up trade processing via MQM/TREX as an alternative to entering data via our on-line Give-up System, GUS. Description of Enhancements The following enhancements will be implemented to improve GUS processing: - Allocations, releases, rejects, changes and reversals of GUS trades via TREX messages through MQM
- Elimination of the MemoAdd function for Reversals
- Real-time receipt of MQM TREX messages for allocations and bookkeeping upon submission of GUS transactions sent via MQM
- Elimination of the RJE GUS Routing Files
- Choice of which TREX GUS MQM messages you want to receive (similar to the current EFP system).
- Ability to view historical give-up trades up to T+2 days
Please look for future notices with the revised TREX layout, including the new GUS messages, further details on our new enhancements and member firm testing. If you have any questions please call Farris Oweimrin at (312) 648-4780 or email at foweimri@cme.com. Thank you! |
