Clearing House Advisory Notices
To | Back Office Managers, Service Bureaus
From | Clearing House Department
Subject | IMPORTANT UPDATE INFORMATION Temporary APS Routing File
Notice Date | 2005-07-21
Notice Number | 05-150
Effective Date |
As previously announced, CME plans to launch the updated version of the Front-End Clearing (FEC) application containing average-pricing functionality, on Monday August 8, 2005. On that day, the old ("legacy") APS systems currently used for both CME and CBOT products will be retired, and all average-pricing will be done in FEC. IMPORTANT UPDATES IN THIS ADVISORY: • The product code now supports up to a five-byte value. • The quantity field may now contain values up to 99,999. • Type 7 and 8 "suballocation" records will no longer be provided. Offsets from accepted suballocations will be provided as type 4 and 6 records, exactly like any other offset, and claims will be provided as type 5 and 6 records, exactly like any other claim. For the full text of this advisory . . .