• Production OTC FX Advisory – Netting and Transfers

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 17-186
      • Notice Date
      • 22 May 2017
      • Effective Date
      • 22 May 2017
    • Please be advised that CME Clearing is now live in Production with OTC FX Netting and Transfer functionality.

      Netting

      Netting may be used to compress trades within a clearing position account. Trades may be fully or partially netted if key trade economics match, with corresponding termination messaging sent to clearing member firms.

      Please click here for the full text of this advisory.