Exchange for Related Positions

Effective on trade date December 21, 2023, and pending all relevant CFTC regulatory review periods, this Market Regulation Advisory Notice will supersede CME Group Market Regulation Advisory Notice RA2304-5 from July 13, 2023.  It is being issued to revise the contact list, remove the references to the exception on the eligibility of CME full-sized Standard & Poor’s 500 Stock Price Index Options as part of Exchange of Option for Option (“EOO”) transaction upon terminated trading of CME full-sized Standard & Poor’s 500 Stock Price Index contracts in Q&A 4, codify existing guidance for pricing on for TAS, TAM or TMAC transactions in Q&A 11, and clarify language on delivery quantity confirmation in Q&A 28.

Highlight HERE and link to the advisory PDF.