Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | Reminder: New “SUB’s” Trade Type – Effective Monday, April 3, 2006
Notice Date | 2006-03-24
Notice Number | Q2006-41
Effective Date |
Effective Monday, April 3, 2006, CME is introducing a new trade type, Substitution of Futures for Forwards” or “SUB’s”. SUBs are a new type of privately-negotiated trade, similar to EFPs or Block Trades, and should be handled similarly for display purposes. SUBs will be tradable on monthly Eurodollars as well as new daily Eurodollars (Ticker Symbol: EDD’s). Please view the attached reminder.