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Monday, May 22, 2017

Futures Trader Alert #2017 - 12
Volume in NFX WTI Crude Oil Penultimate Financial Futures July/August spread (NFX: TQN7/Q7)

Category:

  • Market Impact

Markets Impacted:

Contact Information:

Due to a configuration error by an NFX member, an incorrect volume was reported for the NFX WTI Crude Oil Penultimate Financial Futures July/August spread (NFX: TQN7/Q7) contract on Friday May 19, 2017. The reported volume was 9,026 contracts, the actual volume traded when removing the trades due to the configuration error by the member was 5,126 contracts.

NFX is working with the member to ensure that such an error does not occur again in the future. NFX would like to remind all futures participants that it is their responsibility to establish and maintain correct system configurations when using the NFX trading platform. The failure to maintain such system configurations correctly may lead to disciplinary proceedings by the Exchange.

If you have any questions orconcenrs, please contact NFX Market Operations or call 215.496.5409.


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