Clearing House Advisory Notices
To | Clearing Member Firms, Chief Financial Officers, Treasury Managers and Back Office Managers
From | Clearing House Department
Subject | Foreign Sovereign Debts Delivery Instructions via Euroclear
Notice Date | 2004-11-12
Notice Number | 04-211
Effective Date |
For the full text of this advisory The Clearing House of CME is pleased to announce that on Monday, November 15th, 2004, all clearing firms may deliver the sovereign debt of France, Germany, United Kingdom and Canada into the Citibank/CME account at Euroclear. This new Euroclear relationship is in addition to the existing local depository settlement platform that CME has with Citibank, NA. The new Euroclear relationship provides an additional avenue to allow firms and their customers to deliver sovereign debt securities to CME’s account at Citibank.