New Clearing House Collateral Management Program

Clearing House Advisory Notices

To	Chief Financial Officers, Back Office Managers and Treasurers
From	Clearing House Department
Subject	New Clearing House Collateral Management Program - (IEF5)
Notice Date	2004-07-02
Notice Number	04-121
Effective Date
The Clearing House of Chicago Mercantile Exchange Inc. (CME) is proud to announce that its newest collateral management initiative, IEF5, will be launched and available to all clearing members beginning July 19, 2004. In establishing IEF5, the Clearing House has partnered with JP Morgan Chase Bank (JPM). JPM has established a cash account that sits on the trust ledger of the bank that is able to pay a monthly hard dollar 'benefit'. IEF5 is only eligible for clearing members of CME. For full text of Clearing House Advisory 04-121...