• High Visibility Advisory - SPAN 2™ Margin Framework Planned Rollout Schedule and Overview - Effective August 17, 2022

      • To
      • Clearing Member Firms; Back Office Managers; PC SPAN Software Users; CME CORE Users; Deployable Margin Software Users; Margin Managers; Bookkeeping Software Providers; ISVs
      • From
      • CME Clearing
      • #
      • 22-312
      • Notice Date
      • 17 August 2022
      • Effective Date
      • 17 August 2022
    • CME Clearing (“CME”) is announcing the multi-year rollout schedule of its SPAN 2 framework for calculating performance bond requirements for CME-cleared futures and options on futures. The planned dates are subject to change and pending all relevant CFTC regulatory review periods. This advisory provides an overview of CME’s SPAN 2 framework, its planned multi-year rollout schedule, an overview of its margin calculation and reporting services, and references to help understand the framework.

      Click here for the full text of the advisory

      22-312