CME Delays Prohibition on Transitory EFRPs

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Explore:  CME Commodity Pool

As reported in the Corporate and Financial Weekly Digest edition of April 18, 2014, CME Group has issued an advisory notice prohibiting transitory exchange for related positions on each of the Chicago Mercantile Exchange, the Chicago Board of Trade, the New York Mercantile Exchange and the Commodity Exchange. The advisory notice, which was originally scheduled to go into effect on June 2, has been revised to go into effect on August 4. No other revisions have been made to the advisory notice. 

The revised advisory notice is available here.

 

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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