• EU Wheat Registrations and Collateral Requirements

      • To
      • Clearing Member Firms; Back Office Managers; Warehouses
      • From
      • CME Clearing
      • #
      • 16-460
      • Notice Date
      • 31 October 2016
      • Effective Date
      • 31 October 2016
    • December 2016 is the first eligible delivery month in EU Wheat futures. Deliveries in EU Wheat futures require warehouses to register EU Wheat warehouse certificates within the Deliveries Plus system and assure that the firm on whose behalf the warehouse has registered warehouse certificates has posted collateral with the Clearing House for such registrations per Chapter 7 of the CBOT Rulebook. Acceptable forms of collateral that may be posted at present include cash, U.S. Treasuries or Standby Letters of Credit.

      FOR THE FULL TEXT OF THE ADVISORY, CLICK HERE

       

      16-460