What changes for my clearing firm?
Right now, very little. Operationally, all firm facing policies and
procedures will remain exactly as they are today, including all clearing deadlines and
schedules.
Will NYMEX Clearing and CME Clearing Merge?
Effective Monday, August 25th, 2008, CME Clearing has been the legal
central counterparty to all CME, CBOT and NYMEX markets. We expect CME and NYMEX clearing
systems to be fully integrated by Q3 2009. CME Clearing will share information with you on a
periodic basis in preparation for a smooth transition.
For the full-text
of this advisory, please click here.
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