VOLUME 20 - BULLETIN #190 Processing Schedule for Independence Day

TO:	ALL CLEARING MEMBERS
FROM:	BUSINESS SYSTEMS GROUP
DATE:	June 29, 2000
SUBJECT:	Processing Schedule for Independence Day

On June 26, 2000 the Clearing Corporation published Volume 20 - Bulletin #188 which outlined the early processing deadlines for the Independence Day holiday. As the agricultural products are open for a full trading day and July is an active delivery month for these products, Clearing has extended the deadline for Long Position reporting until 5:00 p.m*. If any firms need additional time and would like to request an extension to either the 5:00 p.m. Long Position deadline or the 4:00 p.m. final reconciliation deadline, please contact the Business Systems Group at least 30 minutes prior to the deadline.

The following processing schedule will be in effect for the Independence Day holiday:

• CBOT® Financial, Electricity and Insurance contracts for pit and Side by Side Project A close at 12:00 p.m. Stock Index contracts and MidAm Livestock and Currency contracts will close at 12:15 p.m. MidAm U.S. Treasury Bill and Eurodollar contracts will close at 12:25 p.m. MidAm U.S. Treasury Bonds, Long-Term U.S. Treasury Notes and Medium-Term U.S. Treasury Notes will close at 12:50 p.m. N.Y. Silver, N.Y. Gold or Platinum will not be open for trading. All other contracts close at their normal times. Afternoon and Overnight Project A sessions will be closed.

• Unmatched Trade Reports will be automatically produced after the 12:30 p.m. and 1:30 p.m. submission deadlines and distributed to INFOPAC and RJE/NJE locations.

• Intra-day trade submission deadlines remain the same. The final reconciliation is at 4:00 p.m.

• Mid-day variations will be called at 12:30 p.m.

• Margin Arrays and Settlement price files from the CBOT will be available at 2:45 p.m.

• Flex Option Exercise Deadline will be at 2:00 p.m.

• Flex Final Processing will be at 2:30 p.m.

• Standard Option Exercise Deadline will be at 3:00 p.m.

• Delivery Tender Deadline will be at 3:00 p.m.

• Long Position Submission will be at 5:00 p.m. *

• Clearing Final will be at 4:00 p.m.

• ATOM Adjustment deadline will be 4:00 p.m.

• GAINS Adjustment deadline will be 4:00 p.m.

On Tuesday, July 4, 2000, the following processing schedule will be in effect:

Should you have any questions, please call or e-mail one of the following Business Systems Analysts: