• RFC Functionality Available for All CBOT Interest Rate Options Products-Effective Sunday, March 29, 2009

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-95
      • Notice Date
      • 12 March 2009
      • Effective Date
      • 29 March 2009
    • Effective Sunday, March 29, 2009 (trade date March 30), RFC functionality on CME Globex® will be made available for all CBOT interest rate options and options spreads (a.k.a. Exchange Defined Spreads), subject to the same pre-execution communication rules applicable to CME interest rate options.
       
      Request for Cross (RFC) functionality, which allows a buy order and a sell order to be entered on a single ticket, is currently available for CME interest rate options trades on CME Globex, which result from allowable pre-execution communications.