• Harmonization of EFRPs for NYMEX, COMEX, DME/Re-Categorizing of Exchange of Options on Options (EOO) Trade Types

      • To
      • Clearing Member Firms; Back Office Managers; Service Providers
      • From
      • CME Clearing
      • #
      • 14-298
      • Notice Date
      • 29 July 2014
      • Effective Date
      • 04 August 2014
    • Please be advised that effective Monday August 4, 2014, CME Clearing will remove the Exchange-For-Swap (EFS) identifier for all NYMEX, COMEX and DME exchange futures executed in accordance with CME Rule 538 (“Exchange for Related Positions”). CME products were removed from EFS eligibility in October of 2010, and CBT products were removed from EFS eligibility in July of 2012. With this final transition, EFS will no longer be a supported transaction type at CME.

      For the full text of the advisory, click here