Notional Value Average Pricing (NVAP) Workflow - Effective September 10, 2018

Notional Value Average Pricing (NVAP) Workflow - Effective September 10, 2018
- - To
  - Clearing Member Firms; Back Office Managers; Service Providers
- - From
  - CME Clearing
- - #
  - 18-133
- - Notice Date
  - 03 April 2018
- - Effective Date
  - 10 September 2018
- CME Clearing is introducing a new, alternate average pricing workflow, Notional Value Average Pricing (NVAP) to complement our existing Average Pricing System. This workflow allows firms to easily submit their own average price for allocations to CME Clearing, without having to pick specific trades, while also reducing the overall message load. The NVAP workflow will be available in Production for Monday, September 10, 2018.
  
  For the full text of this advisory, please click here.

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