Combined Cash Flow is a function where a clearing member can elect to have variation collects remain at CME as margin rather than wired to the account at their settlement bank. This cash is added to the firm’s cash already on deposit and can be used to meet IM requirements.

Likewise, when a clearing member owes variation, the Combined Cash Flow function will look to IM cash on deposit to satisfy that variation obligation.

The USD Combined Cash Flow program will be opt-in. Clearing Members wishing to participate should contact CME Clearing Financial at chfin@cmegroup.com or call +1 312 207 2594 and request USD CCF to be enabled on their settlement accounts.