The CME has issued a disciplinary action another broker - Continental Energy Group - for failing to assure block trades are submitted within the permitted time period. They were also cited for failing to report the accurate time of execution. Finally the firm was cited for failing to adequately train and supervise their staff on block trade reporting. The fine was $70k. The report is here
This is at least fourth disciplinary notice this year on block trade issues. DCM is one of many firms that can provide both training services as well as advisory services on how to monitor this and other market regulation issues for firms. Please give us a call if you have a need for assistance.