VOLUME 23 - BULLETIN #081
TO:
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ALL CLEARING MEMBERS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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April 25, 2003
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SUBJECT:
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Electronic Shipping Certificate Contract Transfer Procedures
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With the conversion of Mid Am wheat, corn, and soybean contracts to CBOT mini size contracts, Exchange Transfer functionality of Electronic Shipping Certificates, which allowed firms to transfer certificates between related contracts in order to satisfy deliveries, has been replaced with Contract Transfer functionality.
To perform a Contract Transfer of an Electronic Shipping Certificate, begin by accessing the Inventory Edit Tender Submission screen within the delivery system. Further select a valid commodity. To transfer a single registered shipping certificate between related contracts, input action code T (Transfer) in the AC (action) field next to desired certificate followed by the CBOT exchange code and destination contract code in the first three or four spaces of the MEMO field, then press ENTER. To transfer a range of registered shipping certificates, use the Inventory Edit by Range screen. This screen can be accessed from the Inventory screen by pressing the PF8 key. Once in the Range screen, input a valid warehouse code, beginning and ending certificate numbers, and action code T (Transfer) along with the CBOT exchange code and contract code in the action fields provided, and then press ENTER. Users will be prompted to press the PF10 key to verify the contract transfer request made through the Inventory or Range screen. The MEMO field will contain exchange, contract code, and pending status information. Once the transfer has been accepted, the inventory is removed from the originating contract’s Inventory screen. Valid exchange and commodity codes applicable for a contract transfer are listed below.
CODE
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EXCHANGE
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01
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Chicago Board of Trade
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CODE
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COMMODITY
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W
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Wheat
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C
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Corn
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S
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Soybeans
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YW
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Mini-Wheat
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YC
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Mini-Corn
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YK
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Mini-Soybeans
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Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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