VOLUME 20 - BULLETIN #164

TO:	ALL CLEARING MEMBERS
FROM:	BUSINESS SYSTEMS GROUP
DATE:	May 25, 2000
SUBJECT:	All- Or- None Trading

On Friday, June 2, 2000, the Chicago Board of Trade will begin All-Or-None trading in the Two-year Treasury Futures, Municipal Bond Futures and Ten-year Agency Futures contracts. All-Or-None will be implemented for open outcry trading in quantities of at least 100 contracts. To indicate an All-Or-None transaction, a ‘U’ should be populated in the order type field. This field is card column 151-152 in the TREX record layout.

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