Initial Payment Calculation Change for CDS Transfers in FECPlus Postponed - Effective November 30, 2016

Initial Payment Calculation Change for CDS Transfers in FECPlus Postponed - Effective November 30, 2016
- - To
  - Clearing Member Firms
- - From
  - CME Clearing
- - #
  - 16-502
- - Notice Date
  - 30 November 2016
- - Effective Date
  - 30 November 2016
- Please be advised that CME will postpone the Production date for the Initial Payment Calculation Change for prior day Credit Default Swap (CDS) Transfers in FECPlus. No specific date has been determined, but as soon as one is available we will publish that information. In the meantime, the regular Initial Payment calculation will be automatically applied to prior day CDS Transfers, or users can specify their own Initial Payment value.
  
  For the full text of this advisory, please click here.

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