Managers also must see that contract terms are observed, that systems and procedures are in place to facilitate delivery on expired futures contracts, exercise and assignment of options, and that the performance bond system functions smoothly. They also work with trading floor quotation systems, compliance and regulatory tracking, as well as membership support. Marketing Representative Marketing representatives at the Chicago Mercantile Exchange actively promote the use of CME futures and options, and work to improve awareness and understanding of these contracts and the Exchange among retail and institutional users. This involves participating in educational programs and developing informational materials dealing with contract specifications and applications. The flow of funds is the chief concern of the accounting areas of exchanges and their member firms.
Analysts are in charge of general ledger maintenance, cash management and budget analysis.
These individuals are not employed by the Exchange. They are members themselves or are employed by members, member firms or clearing firms. The trading floor is a busy place, and member firms need someone to manage operations other than trading itself overseeing functions such as order taking, relaying information and collecting trading cards. These tasks are under the direction of the floor manager. They staff the phone work stations around the trading pits, communicate trading information from the pits to the phones by means of hand signals and carry information to and from members on the floor.