Clearing House Currency Delivery Processing Procedures

Currency deliveries generally follow a three day settlement process occurring on the third Wednesday of the contract month unless such date is a non-business day or bank holiday. In the event the settlement day is a non-business day or a bank holiday in either Chicago or New York, then delivery will be made on the next business day immediately succeeding the non-business day or holiday. Please review the CME Group Rulebook on www.cmegroup.com for specific rules on currencies.

This procedural document is broken into the following sections:

  • Timeline
  • Additional Currency Delivery Information
  • Continuous Linked Settlement
  • Seller’s Obligations
  • Buyer’s Obligations
  • Payment Instructions
  • Special Wiring Instructions
  • Delivery Costs
  • Fine Schedule
  • Miscellaneous Items

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