• Initial Payment Calculation Change for CDS Transfers in FECPlus

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 17-039
      • Notice Date
      • 23 January 2017
      • Effective Date
      • 13 February 2017
    • Please be advised that the Production date for the Initial Payment Calculation Change for prior day Credit Default Swap (CDS) Transfers in FECPlus is Monday February 13, 2017.  The final version of the code for this change will be in the New Release (NR) test environment starting the afternoon of Wednesday, January 25, 2017.  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.

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