Choice of Delivery:
- 1. Email to
firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.com
- 2. Mail:
Save the Floor, INC 141 W Jackson Blvd Ste 1910A Chicago, IL 60604
- 3. Mail
CME Group: Atten Mr. Terry Duffy 20 South Wacker Drive Chicago, IL 60606 If you want to send letter directly to CME group directly, we suggest you forward a copy to Save the Floor, INC. We will make sure that it does not get 'lost', ignored or put into the circular file.
- Company letterhead has been suggested as being the most effective,
- but we will present letters written with a crayola. You are still a customer.
- The following is a letter that is a suggested template.
- You can also download in word format for easier edit.
City, State Zip Code
Dear CME GROUP,
As an active
When electronic trading was introduced I was excited about the new platform to enhance the agricultural markets. The marketplace was led to believe that there would be two venues that would be transparent, equitable and liquid. What you now have are two diluted, illiquid markets that are not held to the same rules and ethics.
These destructive practices have driven the needed participants to use other methods of trading and hedging. The decision to switch to a blended-settlement or an electronic settlement will inevitably negatively affect the market volume and ultimately the jobs that support the industry.
I appreciate the liquidity and transparency currently employed in pit settlements. I feel the electronic market would be used to easily manipulate the settlement process thereby diminishing the integrity of the grain and livestock markets. I feel that pit settlement is a superior method of end of day pricing. The leverage the CME has given to computer algorithms has and will continue to erode the integrity of the grain and livestock contracts.