BN Business News
Add your company to Business Communicator →

Regulacje rynkowe · 14.03.2003

Account Identification for Eligible Bunched Orders

The Commodity Futures Trading Commission ("Commission" or "CFTC") is proposing to amend Commission Rule 1.35(a-1) ("Rule 1.35(a-1)"), which allows certain account managers to bunch customer orders for execution and to allocate them to individual accounts at the end of the trading session (hereinafter referred to as "bunching"). The proposed rule would expand the availability of bunching, simplify the process, and clarify the respective responsibilities of account managers and futures commission merchants ("FCMs").

Source: Federal Register — CFTCOpen original release →