• Agricultural Swaps through CME ClearPort

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 09-126
      • Notice Date
      • 27 March 2009
      • Effective Date
      • 06 April 2009
    • On April 6, 2009, CME ClearPort will begin clearing privately-negotiated transactions in CBOT Agricultural Swap products consisting of corn basis swaps and calendar swaps in corn, wheat and soybeans.    Additionally, CME and CBOT received approval from the CFTC that would allow Agricultural Swaps to be eligible for treatment under section 4d of the Commodity Exchange Act.   This means that Agricultural Swap products are eligible for the same standard customer segregation protections as are applied to futures.