• Increase of Reporting Time for Foreign Exchange Block Transactions During Asian and European Trading Hours

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7612
      • Notice Date
      • 28 March 2016
      • Effective Date
      • 10 April 2016
    • Effective Sunday, April 10, 2016 for trade date Monday, April 11, 2016, pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) will increase the reporting time for block transactions in Foreign Exchange (“FX”) futures and option contracts during Asian (“ATH”) and European (“ETH”) trading hours from five (5) to fifteen (15) minutes.  Block trades must be executed pursuant to CME Rule 526 (“Block Trades”) and the associated Market Regulation Advisory Notice found here.

      Questions regarding this Special Executive Report may be directed to:

      Asia

      Ravi Pandit                               +65 6593 5562                           Ravi.Pandit@cmegroup.com

      Europe

      Will Patrick                                +44 20 3379 3721                      Will.Patrick@cmegroup.com

      U.S.

      Craig LeVeille                            +1 312 454 5301                        Craig.LeVeille@cmegroup.com

      Simon Burnham                         +1 312 930 3426                        Simon.Burnham@cmegroup.com

      Kevin McMillin                           +1 312 930 8264                        Kevin.McMillin@cmegroup.com

      For media inquiries concerning this Special Executive Report, please contact CME Group Corporate Communications at 312.930.3434 or news@cmegroup.com.

      Please click here for PDF of SER-7612.