Swapstream SUBs to Launch in May 2007

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 . . .