Clearing House Advisory Notices
To | Back Office Managers; Systems Managers; Back and Middle Office Software Providers
From | Clearing House Department
Subject | Reminder: Certification Testing for Negative Futures Prices, Options with Negative and Seven Byte Strikes and Alphanumberic Firm IDs
Notice Date | 2007-09-07
Notice Number | 07-212
Effective Date | 2007-10-01
Effective Monday, October 1, 2007, the following enhancements will be implemented: · Futures will be allowed to trade and/or settle at a negative price · Options will be allowed to trade at negative strike prices · Firm ID’s will be alphanumeric Please see the Advisory notice 07-203 for additional information. http://cme.com/clearing/clr/clradv../files/Chadv07-203.pdf To ensure a successful deployment, firms and vendors can now test the above in our new certification environment. To accommodate testing in our new certification environment, you will be required to establish new queues. Please reference Advisory notice 07-184 for instructions and additional information: http://www.cme.com/clearing/clr/clradv../files/Chadv07-184.pdf For questions or concerns please contact CME Group Clearing Services at (312) 207-2525 or email at ccs@cmegroup.com . Thank you. Printer Friendly Version...