• IBA CDS Determinations Fee

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 17-201
      • Notice Date
      • 01 June 2017
      • Effective Date
      • 01 July 2017
    • Please be advised that ICE Benchmark Administration (IBA) will be facilitating the Credit Determination Committee effective July 1, 2017.  As part of this change, IBA will begin charging a fee on all cleared CDX and iTraxx products.  CME will pass this cost onto market participants via a new fee type labeled “IBA CD Fee” which will be included in the monthly fee file.

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