• CBOT Rule Revisions Relating to Reduction of CME Group Share Requirement for Clearing and Corporate Equity Member Firms

      • To
      • Members, Member Firms and Market Users
      • From
      • CME Clearing
      • #
      • SER-5866
      • Notice Date
      • 29 July 2011
      • Effective Date
      • 12 August 2011
    • Effective October 29, 2010, CME, CBOT and NYMEX reduced the requisite number of CME Group Class A shares ("shares") that clearing and corporate equity members of CME, CBOT and NYMEX are required to have assigned for their member firm privileges. The amendments below, effective August 12, 2011, highlight revisions to the corresponding rules to reflect the Exchanges’ fee differentials for proprietary trading associated with an Exchange clearing member who maintains CME Group shares.

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