CBOT - Handheld Devices

Tools

Handheld Trading Device (HHT)

What is Handheld Technology (HHT)?

The CBOT Handheld Trading Device (HHT) is a lightweight, wireless electronic trading device that local traders can use to record trades in the pit. This device is an integral element of the CBOT's plan to have all open auction trades matched as close to real-time as possible.

The HHT complements and interacts with other floor electronic technology components.

An HHT:

Links and matches opposite trades, where the opposing trader is using an Electronic Clerk (EC) or another HHT device, through the Trading Floor Matching System.
Automatically sends trades to clearing for real-time trade matching and on to member firm bookkeeping
Calculates updated net positions and P&L
Detailed trade reports that can be printed at anytime on the trading floor and e-mailed to the back-office and the trader at the end of the day.
Enhances the ability of floor clerks to easily support multiple members
Enables locals to wirelessly access the e-cbot platform during open auction trading hours

How do I get started to record pit trades?

Interested members should click here for a User Handheld Trading Device Registration Form or stop by the HHT Help Desk on the trading floor.

The Registration form needs to be correctly and completely filled out. All areas on the form that have an asterisk (*) need to be filled in and the member's firm must sign off on the registration at the bottom of the form.

The completed form can be dropped off at the HHT Help Desk or faxed to 312.341.7994. Once a form is turned over to the CBOT, allow at least 24 hours for a new trader to be set up.

If the member’s firm is not set up for HHT, verification by Floor Technology Support (FTS) is necessary before a local trader can use the HHT. The member firm needs to:

Click for a Member Firm Handheld Trading Device Registration Form. Fill it out and fax it to at 312.341.7994.
Set up trade processing communication with FTS
Test the HHT with the firm’s existing trade processing network that supports other CBOT floor technology.

How do I get started to access the electronic platform during open auction trading hours?

Interested members should click at the bottom of the page for an e-cbot HHT Trading Device Registration Form or stop by the Side by Side Help Desk on the trading floor. This registration form is to be filled out by the member and signed by the clearing firm.

If a member would like a clerk to enter trades into the electronic platform via a handheld, the clerk needs to fill out an eHHT e-cbot User ID Registration form and turn it in to the member's clearing firm. Clerks can only enter electronic trades via a handheld for one local on the trading floor.

When can I start using HHT?

Once the Registration form is completed and returned, members or their clerks must schedule and attend a free HHT Training Class by calling 312.341.5764.

After the training class is completed, members or their clerks can obtain a device at the HHT Help Desk and immediately begin using it.