7.27.3

Past version: Effective up to 06 Dec 2010

Where an Executing Member makes a trade on a Relevant Market intended to be an order fill or to be given up to a Recipient Member as contemplated in Rule 7.27.1.5 of the Clearing House Rule (each a "Relevant Trade"), each Relevant Trade may be transferred or placed to the books of the Recipient Member provided that the transfer or placement shall occur:

7.27.3.1 on the day the trade was effected on the Relevant Market; and
7.27.3.2 subject to the approval of the Clearing House, by the following Business Day; and
7.27.3.3 in accordance with such procedures for such transfers or placements as the Relevant Market and/or the Clearing House may from time to time prescribe.

Amended on 27 March 200627 March 2006.