Please be advised that new functionality has been added and changes were made to Deliveries Plus. The changes will be available for testing in the New Release Environment on the afternoon of February 13, 2013.
Deliverable Interest Rate Swap Futures
The intent functionality in Deliveries Plus that supports Deliverable Swap Futures was recently updated (please note this process is now different for Deliverable Swaps than other deliverable products). Firms will be required to upload intents on the user interface of Deliveries Plus via the “Intent Upload” screen for these products, and shall submit a CSV file that meets the requirements outlined in Clearing Advisory # 13-029.
The following testing schedule will allow for clearing member submittal of Deliverable Interest Rate Swap Futures and will begin on the afternoon of February 13, 2013:
- Firms may submit intent uploads Monday through Thursday from 8:00 AM CST to 8:00 PM CST.
- Intents submitted on Friday may be submitted from 8:00 AM CST to 12:00 PM CST.
- A delivery cycle will run every Friday and will create Interest Rate Swaps. Interest Rate Swap clearing firms will receive clearing confirms by 5:00 PM CST and Interest Rate Swap information will be available on the end of day reports.
For the full text of this advisory...