FILE NO:
DQA-18-9743
MEMBER FIRM:
MARQUETTE PARTNERS, L.P.
RULE VIOLATION:
Rule 576. IDENTIFICATION OF GLOBEX TERMINAL OPERATORS
Each Globex terminal operator shall be identified to the Exchange, in the manner prescribed by the Exchange, and shall be subject to Exchange rules. If user IDs are required to be registered with the Exchange, it is the duty of the clearing member to ensure that registration is current and accurate at all times. Each individual must use a unique user ID to access Globex. In no event may a person enter an order or permit the entry of an order by an individual using a user ID other than the individual’s own unique user ID.
FINDINGS:
During the period of April 2018 to June 2018, Marquette Partners, L.P. violated Rule 576 by submitting Tag 50 IDs across multiple shifts and shift changes.
PENALTY:
On October 10, 2018, the 512 Committee, pursuant to Rule 512 (“Reporting Infractions”), issued Marquette Partners, L.P. the following fines for its violation of Rule 576:
CME $2,000
CBOT $2,000
Total Fine $4,000
EFFECTIVE DATE:
October 30, 2018