Trade Type Restriction

Use the Trade Type Restriction function to restrict CME ClearPort enabled accounts from submitting block trades. Additional functions:

  • View account-level trade type restrictions.
  • Block Trade: Privately negotiated futures, options or combination transaction that is permitted to be executed apart from the public auction market. Minimum order size requirements, vary according to product and order type. Only negotiated with futures, options on futures and CBOT swap trades; excludes all other basis trades.

 

  1. To view and manage Trade Type Restrictions:
  1. Select the Trade Type Restriction menu, then perform a search.
  • Clearing Member: View restricted accounts, organized by Account Numbers and Trading Firms.
  • Trading Firm: View and Edit restricted accounts for the Clearing Member and Trading Firm combination.
  • Trade Type: Block (default selection).
  • Short Code: Select to view only accounts flagged as short code accounts.

  1. For the given Clearing Member / Trading Firm selection, a list of available accounts appear.

  1. For selected Clearing Member / Trading Firm combination, select Edit.
  1. Select from available accounts to restrict (from submitting block trades), then select add(/) / remove(/).

To select one or more accounts, press (CTRL + select) accounts.

  1. To finalize, select Save.