Clearing House Advisory Notices
To | Clearing Member Firms
From | Clearing House Department
Subject | Swapstream SUBs to Launch in May 2007
Notice Date | 2007-02-16
Notice Number | 07-46
Effective Date | 2007-02-16
In May 2007, Swapstream, a CME company, will launch trading in US Dollar-based interest rate swaps (IRS). At that time, if traders on both sides of the transaction wish, they will be allowed to substitute strips of Eurodollar futures for these IRS transactions. For the full text of this advisory . . .