Block and ECRP Submissions for Holidays
Block Trades and ECRP transactions may be executed during holiday trading sessions in products open for trading in connection with a holiday if they satisfy all three of the following requirements.
The ECRP or Block Trade:
must be agreed to during a queuing period or during the trading hours for the applicable product during the holiday trading session;
must be fully reported to CFE no later than 30 minutes after the transaction is agreed upon for an ECRP transaction and no later than 10 minutes after the transaction is agreed upon for a Block Trade; and
must be fully reported to CFE within a queuing period or within the applicable trading hours during the holiday trading session.
An ECRP transaction or Block Trade may not be agreed to or reported during the suspension period on the day a holiday is observed.