• OTC IRS New Release – SOFR Discounting and Price Alignment: Phase 1 Testing

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 20-321
      • Notice Date
      • 19 August 2020
      • Effective Date
      • 19 August 2020

    • Please be advised that CME will begin New Release testing of the SOFR Discounting and Price Alignment Transition on August 26, 2020. Testing will be broken into two phases to test both the Transition Date, and post-Transition Date processing. Between these two phases, CME will hold a Dress Rehearsal to simulate the end-to-end discounting transition processing.

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

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