VOLUME 20 - BULLETIN #299
TO:
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ALL CLEARING MEMBERS
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FROM:
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BUSINESS SYSTEMS GROUP
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DATE:
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October 11, 2000
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SUBJECT:
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Change to a/c/e Trading Hours
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Effective, Sunday, October 15, 2000, the trading hours of the a/c/e platform will be as follows (Central Time, Sunday through Friday):
Financial Products
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8:00 p.m. to 4:00 p.m.
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Stock Index & Metals Products
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8:15 p.m. to 4:00 p.m.
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Agricultural Products
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8:30 p.m. to 6:00 a.m.
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Trades executed on a/c/e beginning at 8:00 P.M. will be considered trades for the following business day.
To accommodate this implementation, changes will be made to treat a/c/e trades done early in the evening in a manner similar to the clearing process that currently runs between 2:00 A.M. and 3:00 A.M. During this time, pre-edited MQ TREX messages to firms will be held by the Clearing Corporation and the OTIS system will be unavailable to clearing firms. As soon as the final clearing process is complete, usually between 8:00 P.M. and 10:00 P.M., OTIS will be made available and the held MQ messages will be released to firms. The 2:00 A.M. to 3:00 A.M. process will continue to take place
Should you have any questions, please call or e-mail one of the following Business Systems Analysts:
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