NOTICE OF DISCIPLINARY ACTION

NON-MEMBER:

ROBERT JAMES ANSTEY

CME RULE VIOLATIONS:

Rule 532. Disclosing Orders Prohibited (in part)

…[N]o person shall disclose another person’s order to buy or sell except to a designated Exchange official or the CFTC, and no person shall solicit or induce another person to disclose order information. An order for pit execution is not considered public until it has been bid or offered by open outcry. No person shall take action or direct another to take action based on non-public order information, however acquired. The mere statement of opinions or indications of the price at which a market may open or resume trading does not constitute a violation of this rule.

Rule 539. Prearranged, Pre-Negotiated and Noncompetitive Trades Prohibited (n part)

A. General Prohibition

No person shall prearrange or pre-negotiate any purchase or sale or noncompetitively execute any transaction…

FINDINGS:

Pursuant to an offer of settlement in which Robert James Anstey (“Anstey”) neither admitted nor denied the rule violations upon which the penalty is based, on May 21, 2015, a Panel of the CME Business Conduct Committee (“Panel”) found that it had jurisdiction over Anstey pursuant to Exchange Rules 400 and 402 as the conduct occurred while Anstey was an employee of a CME member firm. The Panel also found that on August 2, 2013, Anstey, after having received a customer’s buy order and subsequent sell orders from separate customers at a different price for execution in the Eurodollar options on futures pit, disclosed to the buy-order customer the existence of sell orders as well as an indication of size at the offer price. Anstey disclosed the customers’ nonpublic sell-order information to the buy-order customer prior to presenting the sell orders to the pit. To further ensure that the opposing customer orders traded opposite each other, Anstey simultaneously placed both the buy and sell orders into the pit for execution at the same price. The Panel concluded that Anstey thereby violated CME Rules 532 and 539.A.

PENALTY:

In accordance with the settlement offer, the Panel ordered Anstey to pay a fine of $50,000 and serve a fifteen business day suspension of access to any CME Group Inc. trading floor and of direct access to all electronic trading and clearing platforms owned or controlled by CME Group, Inc., including CME Globex. The suspension shall run from June 22, 2015, through July 13, 2015, inclusive.

EFFECTIVE DATE:

May 26, 2015