Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

CBOT: Deferment Of Electronic Order Routing Firm Mandate

Date 31/10/2000

The electronic order routing agricultural and financial firm mandate implementation scheduled for November 1, 2000 is postponed due to recent order routing system stability issues which are being addressed. Additionally, the Exchange requires more time to meet the overwhelming demand for COMETs and Electronic Clerks as the trading community dramatically increased its adoption of order routing.

As a reminder, the mandate required certain firms who conducted business in the agricultural or financial markets to utilize the order routing system to endorse/enter no less than 25% of their total executed orders each month. The Order Routing Business team will provide ample notice to the trading community prior to re-instating the mandate.