Market regulation · 10/06/1999

Alternative Executive, or Block Trading, Procedures for the Futures Industry

The Commodity Futures Trading Commission (``Commission'') will consider contract market proposals to adopt alternative executive execution, or block trading, procedures for large size or other types of orders on a case-by-case basis under a flexible approach to the requirements of the Commodity Exchange Act (``Act'') and the Commission's regulations. The Commission continues to be open to further comments on the various issues surrounding potential alternative execution procedures from industry participants.