Consistent with this advisory, and pending all applicable regulatory reviews, CME is migrating equity products to the SPAN 2 framework. As part of this migration, CME will update the calibration of OCC / CME cross-margin program risk arrays to use risk data from the SPAN 2 framework.

The migration date for the OCC / CME cross-margin program is Friday, December 6, 2024. Following that date, all clearing cycles for the OCC / CME cross-margin program will consider SPAN 2 calibrated risk arrays. Users of the OCC / CME cross-margin program should review impacts to prepare for the December 6 migration.

Below please find the expected impacts to CME services.

For the full text of this advisory, please click the link below.

 

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Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

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