NYMEX/COMEX Integration Information

As we rapidly approach the CME and NYMEX/COMEX integration dates, it is important to remind back-office staff of the procedural and system changes that will occur, and it is equally important that you consider the impact of each integration on your systems and staff.     The first integration date is Monday, September 14, beginning with the prior Sunday evening Globex session.     On this date, all COMEX division products will be transitioned to the CME Clearing system.    The second and final integration date is Monday, October 5, beginning with the prior Sunday evening Globex session.     On this date, all NYMEX division and DME products will be transitioned to the CME Clearing system.   

The most significant impact to back-offices is the legacy NYMEX/COMEX TMS and Metals Delivery applications will be replaced by the CME Clearing Front End Clearing (“FEC”) and Deliveries Plus applications for each division’s products on each respective integration date.     As a result, all CME Clearing FEC and Delivery system features, applications, interfaces, FEC APIs, etc. will be available for NYMEX, COMEX and DME products.     Also, as a result of the integration, all FEC and CME Clearing timeframes, schedules, policies and practices will prevail with only a few exceptions as noted later in this document.

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