commiss decis decemb relat proceed articl eec treati iv london rubber termin market associ limit english text authent eec commiss european commun regard treati establish european econom commun regard council regul februari regul implement articl treati amend act access greec articl thereof regard notif applic neg clearanc submit june london rubber termin market associ rule regul associ regard summari notif publish pursuant articl regul consult advisori committe restrict practic domin posit factsth london rubber termin market associ lrtma commod market establish london commod market regulatori organ run committe manag select member aid secretariat power member market rule book market regul element supervis bank england object lrtma set administ termin market london rubber termin market futur market organ facil conclud contract purchas sale commod deliv name futur date futur market develop primarili enabl person involv commod trade protect risk advers price movement lrtma market floor trade price make determin technic question allow deliveri month standard contract term procur provis clear settlement facil trade floor market dealer face bid offer made system open outcri contract trade rubber market tonn lot deliveri singl month tonn lot deliveri calendar quarter multipl thereof hevea braziliensi plantat rubber rub smoke sheet rubber deliver contract certifi qualiti contract deliveri warehous approv rubber trade associ london unit kingdom netherland west germani seller option contract trade london rubber termin market regist intern commod clear hous limit icch independ servic compani clear settlement facil lrtma icch substanti capit reserv wholli own clear bank princip function icch maintain organ daili clear trade provid guarante due fulfil contract accord rule lrtma clear member name contract regist class membership class vote member floor member consist broker member dealer member number limit committe practic maximum orderli conduct busi present number broker member dealer member class vote member trade associ member type associ member number limit applic membership nation satisfi minimum capit requir laid time time committe manag carri busi rubber trade prior membership period time laid time time committe applic floor membership trade offic london establish purpos detail statement criteria membership forc time obtain associ applic membership transfer firm compani provid meet criteria membership floor member member clear member icch regist contract icch return fee guarante perform contract appeal procedur appli committe manag refus applic membership refus grant permiss transfer member membership refus chang control natur member firm compani procedur appli member expel suspend member dissatisfi committe decis candid member committe reconsid decis make represent suppli inform consid relev busi conclud floor market floor member transact free commiss commiss charg transact member member member rate commiss freeli negoti exempt oblig floor member charg commiss explain ownership market varieti extra cost categori member bear ownership market provis made addit commiss equal origin commiss charg sale rubber tender fulfil contract deliver clear member icch contract regist extra commiss paid clear member contract regist icch administr purpos behalf member icch collect sum account commiss payabl contract registr purpos icch time time notifi member rate commiss appli icch contract registr intern futur market princip market intern commod merchandis contribut stabil smooth oper world trade world price mechan larg rubber volum trade small signific market malaysia rubber figur show rel size lrtma compar futur market kuala lumpur open annual volum trade tonn gt tabl gt ii legal assess notifi rule regul lrtma consid agreement mean articl eec treati rule regul origin notifi minimum net rate commiss charg member committe power suspend expel offend member minimum commiss rate vari pai receiv commiss rate cheaper clear client contract regist client icch case clear client trade member payer member rate cheapest broker member broker member deal free commiss deal behalf broker dealer associ member past charg minimum rate commiss broker member trade account dealer member deal free commiss floor busi floor member deal behalf associ member dealer member past charg relev minimum rate commiss associ member deal direct pass contract broker dealer member past pai relev minimum commiss charg member minimum commiss minimum rate commiss charg termin contract trade singl month deliveri quarter usual rate charg tonn lot subject condit floor member return sum agent gave order behalf client commiss consid system minimum commiss rate form price fix violat articl eec treati lrtma request abandon system fix minimum rate system abolish refer system rule regul delet rule provid busi conclud floor market floor member transact free commiss commiss charg transact member member member commiss believ oblig appreci restrict competit entail oblig charg commiss refer rate complet freedom exist negoti actual commiss rate result represent commiss amend made rule membership made clear face articl membership open criteria applic membership judg object fact seventh paragraph committe manag requir give reason take decis affect member right membership protect right actual potenti member appeal procedur introduc ultim resort appel recours ordinari court english law public offici journal european commun pursuant articl regul bring represent notifi articl associ rule regul amend form longer claus constitut appreci restrict competit common market commiss basi fact possess ground action articl commiss issu neg clearanc pursuant articl regul adopt decis articl basi fact possess commiss ground action articl eec treati respect rule regul london rubber termin market associ notifi articl decis address london rubber termin market associ limit regist offic cereal hous mark lane london ec unit kingdom brussel decemb commiss peter sutherland member commiss oj oj