Block Trades are permitted in Cboe Digital futures products and may be submitted in accordance with Exchange Rules 601 and 603. Prior to submitting Block Trades, firms are required to designate at least one Authorized Reporter by completing the following forms and sending to [email protected]. Parties to a Block Trade, as well as Authorized Reporters for a Block Trade, are obligated to comply with the requirements set forth in Exchange Rules 601 and 603. Any party to, or Authorized Reporter for, a Block Trade may be held responsible by the Exchange for noncompliance with those requirements. Exchange functionality currently requires that only employees of Clearing Members can be Authorized Reporters.
Cboe Digital Exchange Block Trade EDRP Authorized Reporter Registration Form
Cboe Digital Exchange Block Trade EDRP TPH Grantor-Grantee Reporting Form
For questions regarding Block Trade submission, including Authorized Reporter designation for Block Trade reporting, please contact [email protected].
| Bitcoin | Ether | |
|---|---|---|
| Symbol | FBT | FET |
| Minimum Block Sizes | 10 Contracts | 10 Contracts |
| Block Price Increments | $ 0.01 | $ 0.01 |
| Hours 23x5 | Sunday through Friday 5:00 p.m. CT (open on previous business day) through 4:00 p.m. CT (close on trade date) | |
Authorized Reporters are required to input all the following information when submitting a Block Trade via the Cboe Digital Trading UI or Block Trade REST API.
| Field | Value |
|---|---|
| Contract Symbol | Selected from the dropdowns by selecting the Product then Contract |
| Quantity | The executed trade quantity in number of lots |
| Price | The executed trade price |
| Neg Time | The time at which the Block Trade was executed between the Buyer and Seller input as the submitting user’s local time |
| Sender Sub Id | Order Entry Operator ID (OEO ID) of submitting Authorized Reporter |
| Account | Clearing Member Account Code |
| Client Order Id | Client Order ID Max characters: 40 |
| Origin | Customer or House |
| CTI | 1 - Transactions initiated and executed by an individual TPH for the TPH’s own account, for an account the TPH controls, or for the account in which the TPH has an ownership or financial interest.
2 - Transactions executed for the proprietary account of a Clearing Member or non-clearing member TPH. 3 - Transactions where an individual TPH or authorized trader executes for the personal account of another individual TPH, for an account the other individual TPH controls or for an account in which the other individual TPH has an ownership or financial interest. 4 - Any transaction not meeting the definition of CTI 1, 2 or 3. (These should be non-TPH customer transactions) |
| Cust Account Ref | Customer Account reference on the Clearing firms books and records |
| Clear Mem Id | ID of the Clearing Member through which the block trade will be cleared for the appropriate side |
| Exch Mem Id | ID of the Exchange Member through which the block trade is submitted for the appropriate side |
To submit a Block Trade via the Cboe Digital Trading UI, select the relevant product and futures contract from the top of the Trading UI screen.
Select the Block Entry (2nd) ) tab from the left side of the Trading UI screen and fill in all required information.
