Regulacje rynkowe · 7.01.1998

Account Identification for Eligible Bunched Orders

The Commodity Futures Trading Commission (``Commission'') is reproposing to amend Commission Regulation 1.35(a-1) to allow eligible customer orders to be placed on a contract market without specific customer account identification either at the time of order placement or at the time of report of execution. 1 Specifically, the amendment would exempt from the customer account identification requirements of Regulation 1.35(a-1) (1), (2)(i), and (4) bunched futures and/or futures option orders placed by an eligible account manager on behalf of consenting eligible customer accounts as part of its management of a portfolio also containing instruments which are either exempt from regulation pursuant to the Commission's regulations or excluded from regulation under the Commodity Exchange Act (``Act''). The proposed rule would permit orders entered on behalf of these accounts to be allocated no later than the end of the day on which the order is executed.