• Transition to SOFR Price Alignment and Discounting for U.S. Dollar OTC IRS Products

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 20-391
      • Notice Date
      • 13 October 2020
      • Effective Date
      • 16 October 2020

    • On October 13, 2020 the Commodity Futures Trading Commission (“CFTC”) approved CME’s rules and procedure for transitioning to SOFR PA/discounting set out in this Advisory Notice pursuant to section 5c(c)(5) of the Commodity Exchange Act and Commission Regulation 40.5. The rules set out in this Advisory Notice will be effective from October 16, 2020.

      Click here for the full text of the advisory

      20-391

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