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Below are guidelines for Reporting Block Trades and the information that must be
provided by the seller's clearing firm.
- The "seller" clearing firm must report the block trade to
the Chicago Mercantile Exchange's Globex® Control Center (GCC) within the timeframe
specified by CME® (e.g. within fifteen (15) minutes of execution, in the case of interest rate
products.)
- The "seller" clearing firm may call the GCC at 312-456-2391 (option 3) or may fax
a Block Trade Reporting Form to the GCC at fax number 312-715-6009. If a fax is sent, the clearing
firm must call the GCC to confirm receipt.
The following information must be provided by the seller's clearing firm:
- Name of the seller's clearing firm's representative and his/her phone number.
- Time of the trade in Chicago time.
- Number of contracts (minimum contract
sizes)
- Contract codes including month and year (e.g. June 2004 Eurodollar futures
EDM4)
- Price of the contract for futures or the premium, strike price and whether it is a
call or put if it is an option (e.g., 97.60 for a Eurodollar futures contract or 30 ticks for the
97.50 June 2004 Eurodollar call).
- Name of the buyer's clearing firm (this may be the same as the seller's clearing
firm)CME
Block
Trade Reporting Form (PDF)
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