October 26, 2005

Via Electronic Mail

Ms. Jean A. Webb

Secretary

Commodity Futures Trading Commission
Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: CBOE Futures Exchange, LLC Rule Certification
Submission Number CFE-2005-30

Dear Ms. Webb:

Pursuant to Section Sc(c)(1) of the Commodity Exchange Act, as amended ("Act"), and
§40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission under
the Act, CBOE Futures Exchange, LLC ("CFE" or "Exchange") hereby submits a new rule that
sets forth CFE's Gas At the Pump ("GAPP") Futures Market-Maker Program ("Market Maker
Program"). The Market Maker Program will commence on November 1, 2005.

CFE is not aware of any substantive opposing views to the Market Maker Program. CFE
hereby certifies that the Market Maker Program complies with the Act and the regulations
thereunder.

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The Market Maker Program, to be added as Policy and Procedure IX to CFE's Policies
and Procedures, is as follows:

CFE Policy and Procedure IX. CFE Gas At The Pump Futures Market Maker Program

Trading Privilege Holders (TPHs) may apply to the Exchange for appointment as a
market maker in CFE Gas At The Pump futures contracts (GAPP Futures). Any TPH that desires
to apply for market maker status should submit an application in the form of a letter outlining the
organization's qualifications and commitments.

The Exchange may approve up to five TPHs as market makers in GAPP Futures under
this Program. TPHs shall be selected by the Exchange based on the Exchange's judgment as to
which applicants are most qualified to perform the functions of a market maker. Factors to be
considered in making this selection may include, but are not limited to, satisfaction of the
qualifications listed below as well as any one or more of the factors listed in Rule 515(b), as
applied to market maker applicants instead of with respect to DPM applicants.

The following describes the qualifications, obligations, incentive, and appointment term
under the CFE Gas At The Pump Futures Market Maker Program. The obligations and incentive
listed below are with respect to each of the GAPP Futures for which a TPH is appointed as a
market maker under this Program unless otherwise specified.

400 South LaSalle Street Chicago, Illinois 60605-1023 www.cboe.com/cfe


Ms. Jean A. Webb
Page 2 of 2

Qualifications

Experience in trading options and/or futures in energy related contracts.
Ability to automatically and systemically provide quotations.

Obligations

For no less than 65% of the available trading hours in each calendar month, provide
continuous bids and offers in two contract months.

Provide an average quoted size of no less than 10 contracts (over a calendar month) and
provide a minimum quoted size at all times of at least 1 contract.

These obligations are subject to relief in the event of a fast market on the Exchange in the
applicable futures contract, a fast market in a related futures product, or other unusual
market conditions (to be determined solely by the Exchange). Under fast market or
unusual conditions, a market maker is expected to quote competitively using its best
efforts.

The Exchange may terminate, place conditions upon, or otherwise limit a TPH's
appointment as a market maker under this Program if the TPH fails to perform its
obligations under the Program. However, failure of a TPH to comply with its obligations
under this Program shall not be deemed a violation of Exchange rules.

Incentive

Term

Payment of $0.50 per executed contract, with a monthly cap of $15,000 per TPH in the
months of November and December 2005, and a monthly cap of $6,000 for January
through April 2006.

Each market maker appointment under the CFE Gas At The Pump Futures Market Maker
Program will expire on April 30, 2006. The Exchange may determine to extend the term
of an appointment, allow an appointment to expire, or replace this Program with a
different market-maker program.

RR RK

Questions regarding this submission may be directed to David Doherty at (312) 786-

7466. Please reference our submission number CFE-2005-30 in any related correspondence.

ce:

CBOE Futures Exchange, LLC

By: Fas 4
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Edward J. Joyce
President

Mark Baumgardner (OCC)