VOLUME 20 - BULLETIN #218

TO:	ALL CLEARING MEMBERS
FROM:	BUSINESS SYSTEMS GROUP
DATE:	July 24, 2000
SUBJECT:	Single Line Entry of Differential Spreads Implementation Delay

In conjunction with the Chicago Board of Trade, The Board of Trade Clearing Corporation has delayed the implementation of Single Line Entry of Differential Spreads (SLEDS) scheduled for today Monday, July 24, 2000 for the Financial and Index products and Wednesday, July 26, 2000 for the Agricultural and Metal products.

Eligible spreads, made at a differential, should be entered using both legs. The Transaction Type field must contain a ‘D’ for regular trade entry or an ‘E’ for miscleared spreads.

Further information on revised implementation dates will be forthcoming.

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