• Eris LIBOR Futures Conversion-to-SOFR Futures June 23rd - Effective May 09, 2023

      • To
      • Clearing Member Firms; Back Office Managers, Bookkeeping Software Providers
      • From
      • CME Clearing
      • #
      • 23-144
      • Notice Date
      • 09 May 2023
      • Effective Date
      • 09 May 2023

    • Further to CME Eris conversion notice, ahead of the scheduled final publication of a “representative” 3M USD LIBOR Reference Rate on June 30, 2023, following close of business on Friday, June 23, 2023, CME will convert/transform Eris Libor-based Futures Open Interest to corresponding Eris SOFR Positions, at a ratio of 1:1, for Trade Date Monday, June 26, 2023.

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

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