Clearing House Advisory Notices
To | Clearing Member Firms; Back Office Software Providers
From | CME Clearing
Subject | Assignment Report Data File Available Late First Quarter 2008
Notice Date | 2007-12-28
Notice Number | 07-326
Effective Date | 2007-12-28
In response to firms’ requests to improve the option assignment process, CME Clearing is pleased to introduce a new file of FIXML Assignment Report messages that will be available to back-offices daily, immediately following exercise and assignment processing for CME and CBT options (currently run at 5:30 p.m. for CBT Flex options, and averaging between 8:30 – 9:00 p.m. for the balance of options). This file can be read by firm bookkeeping systems and act as a trigger to automatically invoke internal customer account assignment processing. In addition to automation, an added benefit is that customers can be informed of assignments and resulting market exposure on a timelier basis. For the full text of this advisory...