Notice of Commission Order - CME Group Exchanges

CHICAGO MERCANTILE EXCHANGE INC.,
BOARD OF TRADE OF THE CITY OF CHICAGO, INC.,
COMMODITY EXCHANGE, INC., AND
NEW YORK MERCANTILE EXCHANGE, INC.

NOTICE OF COMMISSION ORDER

On April 6, 2018, the Commission issued an order (Variation Order) pursuant to section 144 of the Securities Act (Ontario) and sections 38 and 78 of the Commodity Futures Act (Ontario) (CFA) varying and restating the order exempting Chicago Mercantile Exchange Inc., Board of Trade of the City of Chicago, Inc., Commodity Exchange, Inc. and New York Mercantile Exchange, Inc. (together, the CMEG Exchanges) from recognition as exchanges. The Variation order provides an exemption for trades in commodity futures contracts on the CME Exchanges by a bank listed in Schedule I to the Bank Act (Canada) from the registration requirement under section 22 of the CFA, provided such trades are made as principal and only for the bank’s own account. The Variation Order also allows the CMEG Exchanges to grant access to trading by participants in Ontario that have obtained an order from the Commission exempting them from the requirement to be registered under the CFA, and makes other minor non-substantive changes to update the exemption order.

A copy of the order is published in Chapter 2 of this Bulletin.