Notice to Members
Notice No. 290 08/06/2004
Third Party Broker Functionality for Type Indicator Code 2–C
NYMEX Division Rule 6.19, Type Indicator Codes ("CTI"), provides for the use of a CTI 2-C for the benefit of non-clearing Member Firms participating in regular trading hours and NYMEX ACCESS. The proper designation of this Type Indicator Code will provide a Member rate for all such transactions. Effective immediately, within TMS, CTI 2-C will now allow for a third-party broker, "Broker 3", to be input. In addition, when a third party broker is entered, proper brokerage credit will be given for the trade in ATOM. All Floor Members and their clerks are required to review their existing short code files and make sure that Member Firm accounts are properly designated as 2-C versus 4-C. Prompt attention to this will eliminate many requests for credits at the end of each billing cycle.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com