Block trades may be executed at any time, including times during which the public auction market is closed.
Block trades do, however, have specific requirements with respect to how quickly they need to be reported following the trade being executed. The complete list of block trade reporting time requirements can be found here, and the table below summarizes the reporting window (in minutes) for a block trade to be reported following its execution.
|
RTH |
5 |
15 |
|
ETH |
15 |
15 |
|
ATH |
15 |
15 |
For purposes of the above thresholds and reporting times in FX futures:
- ETH: 12:00 a.m. – 7:00 a.m. CT, Monday through Friday on regular business days
- ATH: 4:00 p.m. – 12:00 a.m. CT, Monday through Friday on regular business days and at any time on weekends
- RTH: 7:00 a.m. – 4:00 p.m. CT, Monday through Friday on regular business days