Morgan Stanley Capital Group, Inc. was issued a summary fine in the amount of $10,000 for violating ICE Rule 4.07(b) by executing block trades with quantities below the Minimum Quantity Requirement for the applicable contract.

The Exchange notes that, in accordance with ICE Futures U.S., Inc. (“Exchange”) Rule 21.02(e), the Chief Regulatory Officer or his designee may impose a summary fine of no more than $10,000 upon a Member or other market participant for certain minor rule violations.

Rule 4.07(b) states:

“Block Trades may be executed in Exchange Futures and Options Contracts as determined by the Board and must meet the applicable minimum thresholds for such contracts as determined by the Board from time to time”

The affected products are Henry LD1 Fixed Price Futures and Options on Henry Penultimate Fixed Price Futures.