Please be advised, effective, Tuesday, December 2, 2014, and pending all relevant CFTC regulatory review periods the Alternative Delivery Procedure (ADP) has been streamlined and expanded to all physically delivered products. Clearing firms entering into an ADP pursuant to Rule 771 must submit to CME Clearing an Alternative Notice of Intention to Deliver (ANID) form signed by both clearing firms agreeing to an ADP. The forms must be sent to CME Clearing no later than 5 PM CST the business day the Clearing House is notified of the agreement. To obtain a copy of the ANID form, please send an email to Clearinghousedelivteam@cmegroup.com.
As a reminder, any clearing firm entering into an ADP, pursuant to Rule 771, agrees to make or take delivery of contracts under terms and conditions other than the delivery rules of the CME, CBOT, NYMEX or COMEX rulebooks. Clearing firms entering into the ADP releases and indemnifies the Exchange against any liability, cost or expense the Exchange may incur for any reason as a result of the execution, delivery, or performance of such contracts or such agreement, or any breach thereof or any obligation to ensure financial performance under Rule 702. Clearing firms shall not be released of their respective obligations as the seller or the buyer of the Exchange contracts until the Exchange has received the signed ANID form.
If there are any further questions or concerns, please contact Deliveries at 312.930.3172.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.