CME Issues Market Regulation Advisory Notice Regarding Block Trades

The Chicago Mercantile Exchange Group ("CME Group") issued a Market Regulation Advisory Notice. Starting October 19, 2014, the CME will begin to permit Basis Trade at Index Close ("BTIC") block trades at a block trade minimum threshold of 50 contracts in USD Denominated Ibovespa futures. The Notice specifies the conditions and requirements that apply to block trades executed on the CME. The CME stated that the BTIC block trades will be subject to requirements that will be set forth in CME Rule 35406.A.

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