Products | View All
It’s searchable, sortable, and provides the previous day’s volume and open interest data.
Latest Market Regulation Advisory Notices (MRANs) | View All
Subscription-Based Data
Distributors
Capture. Report. Store
Our Swap Data Repository captures, stores and reports data for cleared, non-cleared and bilateral swaps.
Reports
- Reports
- Settlements
- Volume
- Bulletin
- Registrar
- Weather
Intraday Data
- Intraday Data
- Delayed Quotes
- Block Trades
Featured Video | View All
Managing Risk at CME Group - How it All Works
A great and yet very simple introduction to the vital role CME Group plays in helping people manage their risk on a daily basis....
Latin America
LSOC and Cleared Swaps Customer Protection
As part of the Dodd-Frank Wall Street Reform Act, the CFTC published new regulations that provide for additional cleared swaps customer protection. Part 22 of the CFTC’s regulations sets forth swaps customer protection standards, which are commonly referred to as “Legal Segregation with Operational Commingling”, or LSOC.
CME Clearing launched its LSOC rules and operational requirements on Wednesday, November 14, 2012. LSOC now applies to positions and collateral for customer cleared swaps. It does not apply to futures unless futures clear in the customer cleared swaps origin pursuant to DCO (Derivatives Clearing Organizations) rules for portfolio margining of futures versus swaps.
LSOC provides a fundamental change in how FCMs (Futures Commission Merchants) and DCOs treat cleared swaps customer positions and related collateral. The primary goals of LSOC are to:
- Reduce fellow customer risk.
- Protect cleared swaps customer collateral in the event that an FCM defaults to a DCO due to cleared swaps customer non-performance.
CME Clearing, in addition to adhering to LSOC regulations, seeks to offer cleared swaps customers some added enhancements that will provide more transparency, more control and ultimately better protection.
For additional information on LSOC, please contact CME Clearing at LSOC@cmegroup.com.
Featured Information
- LSOC and CME Group’s Vision for Cleared Swaps Customer Protection
Provides a high-level overview of LSOC and related customer protection models - Clearing Advisory12-429 (October 4, 2012): Cleared Products Subject to LSOC
Provides precise information regarding which products are subject to LSOC and which are not - Clearing Advisory 12-450 (October 19, 2012): LSOC Rule Revisions
Enumerates the CME rules changed pursuant to LSOC - Clearing Advisory 12-466 (November 1, 2012): New Dates for CGM and LSOC
Explains the brief delays in the implementation of Customer Gross Margining and of LSOC authorized by the CFTC - Clearing Advisory 12-486 (November 9, 2012): LSOC and Client Contact Information
Provides clarification regarding CME's LSOC rules and the collection of client contact information - Joint Audit Committee Advisory 12-03 (October 18, 2012): The LSOC Compliance Calculation
Provides a detailed explanation of the LSOC compliance calculation that FCMs with customer positions in cleared swaps must perform - Clearing Advisory 13-064 (February 7, 2013): CME's Updated LSOC Phase 2 Schedule and Principles
- LSOC Collateral Reporting FIXML Message Examples (updated March 5, 2013)
Provides fully detailed examples of all of the types of LSOC collateral value report messages - LSOC Collateral Reporting FIXML Message Sample (March 5, 2013)
A small data file, exactly illustrating the minimum requirements for an LSOC FIXML Collateral Value Report - LSOC Output Report Formats (updated March 22, 2013)
Provides detailed formats and explanations of the data files produced by CME each night, which show firms how their LSOC "top-up" margin requirements were determined - Clearing Advisory 13-175: On-Demand Collateral on Deposit Datafiles (April 11, 2013)
- Collateral on Deposit Datafile Format (March 22, 2013)
-
- Idea Exchange is your direct link to the product managers, marketers, and the development teams who create cmegroup.com and will allow you to review functionality, participate in focus groups and provide feedback on upcoming Web initiatives
