• Phasing Out Holding Overnight Clearing Confirms - Effective July 16, 2018

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 18-063
      • Notice Date
      • 12 February 2018
      • Effective Date
      • 16 July 2018
    • Please note that CME Clearing will stop holding Overnight FIXML clearing confirmation messages effective Monday, July 16, 2018. Currently, CME Clearing holds next day trade confirmation messages when the electronic markets open for trading for next business day. The held messages are released to firm’s queues starting after midnight, Chicago time, and transmitted to their respective clearing firm's queues.

      Following this change, any clearing confirmation messages generated starting Sunday, July 15th for business day Monday, July 16th will be routed to firms on a real-time basis. Effectively, all firms will be converted to 24 hour messages. 

      For the full text of this advisory, please click here.