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03.29.13

CME to Self Clear Kansas City Board of Trade

CME Group acquired the Kansas City Board of Trade on November 30, 2012.  RCG is happy to announce that we will be self clearing KCBT as of April 15, 2013.
Please note the changes below to accommodate the exchange integration.

• All KCBT Good-Til-Cancel Orders (GTCs) will need be cancelled prior to the close on Friday, April 12, 2013.  Orders not cancelled will be pulled from the exchange.  Any orders that need to be working can be replaced on Monday, April 15, 2013.

• All KCBT Option Expiration will now be done top day.

• The statement dated Monday, April 15, 2013 will show offsets in the KC Wheat under Exchange 08, the position will reflect KC Wheat under Exchange 01 going forward since this is now a Chicago Board of Trade Contract.

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The information contained herein is from sources believed to be reliable, but we can not guarantee either its accuracy or completeness. The information is provided for informational purposes only. Nothing contained herein shall be construed as a recommendation to buy or sell commodity futures or options on futures.

 

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