Clearing House Advisory Notices
To | Clearing Member Firms, Back Office Managers, Delivery Personnel
From | Clearing House Department
Subject | New deadlines and assignment times
Notice Date | 2007-05-09
Notice Number | 07-107
Effective Date | 2007-06-04
On Monday, June 4, 2007, lean hogs, frozen pork bellies, live cattle, feeder cattle, cash-settled butter, class III milk, dry whey and fertilizer will be available for trading beginning at 9:05 a.m. Chicago time Mondays through 1:30 p.m. Fridays with a daily 60-minute trading halt commencing at 4:00 p.m. The following deadlines and timeframes will be in effect for intents, retenders, (demands and reclaims for live cattle) and assignments. These deadlines will be applicable to all CME physically delivered commodity products (except Lumber) and will also begin on Monday, June 4, 2007.
| Intent/ Retender | Live Cattle Posting Report available on web by | Inventory/ Reclaim/ Demand | Assignments posted to Web by
New Deadlines | 4:30 p.m. | 4:35 p.m. | 5:00 p.m. | 5:30 p.m.
Firms may want to use their forecast assignment ability in the deliveries system to prepare themselves for possible assignments prior to 5:30 p.m. The deliveries system will remain open to facilitate these new deadlines. Following the Intent/Retender deadline, the Live Cattle Posting Report will be posted to our website at the following address: http://www.cme.com/wrappedpages/misc/posting/lcpo sting.html Following assignment, all information will be posted to our website at the following address: http://www.cme.com/trading/dta/hist/delivery.html If you would like to review the recent press release with more information please select the below link: http://cme.mediaroom.com/index.php?s=press_releases&item=283 If you should have any questions please contact the Deliveries and Settlements Unit at 312.930.3172. Printer Friendly Version. . .