To enhance the approach for estimating the costs to liquidate portfolios containing products that have migrated to the SPAN 2 framework, CME Clearing is implementing, subject to necessary regulatory reviews, modifications to the Absolute Stress Loss Concentration Margin for all asset classes containing products margined in the SPAN 2 framework (inclusive of equity products, energy products, and all future migrations). For equity and energy products, these modifications will be effective on the date of migration of equity products to the SPAN 2 framework for each Clearing Member.

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