Market regulation · 31/01/1997

Market in Live Cattle Futures and Options

Futurecom, an electronic commodities trading exchange, has applied for designation as a contract market in live cattle futures and option contracts, along with the terms and conditions for those contracts. Because Futurecom has not been approved previously by the Commission as a contract market in any commodity, Futurecom is also requesting approval of trading rules and rules of government that it has submitted to meet the requirements for a board of trading seeking designation as a contract market. The Acting Director of the Division of Economic Analysis (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the proposals for comment is in the public interest, will assist the Commission in considering the views of interested persons and is consistent with the purposes of the Commodity Exchange Act.