As a reminder below is a brief summary of the delivery procedures for the Turkish Lira contracts. Detailed currency delivery procedures are available on cmegroup.com under the following link.
Also, due to a MXN holiday on Wednesday, September 16th the delivery date for the Mexican Peso contract will be Thursday, September 17th. As a result, OTPs and Wire Transfers will be due to CME on Tuesday, September 15th by 1:00 p.m. for the Mexican Peso contract.
Turkish Lira and Euro/Turkish Lira
- The last day of trading is the first business day prior to the third Wednesday of the contract month. The final settlement prices will be received Tuesday at 12:30 a.m. CST and will be made available in the Deliveries System.
- Currency Commitments are due in the Deliveries System by 10:00 a.m. CST on the last day of trading.
- There is a dual order-to-pay requirement for both contracts. Firms must have their order-to-pays or US Dollar wire transfer in by 1:00 p.m. CST. Wire transfers denominated in Euro are due at 8:00 a.m. CST and Lira denominated wire transfers are due by 6:00 a.m. CST.
- On delivery day, payments must be in the CME Delivery account by 10:00 a.m. in the country of origin.
Firms can obtain a copy of CME’s banking instructions for Turkish Lira by contacting Deliveries.
If there are any questions, please contact Deliveries at 312-930-3172.