• New Enhanced Front End Clearing (FEC+) Launch in Early 2011

      • To
      • Clearing Member Firms; Back Office Managers; Software Providers
      • From
      • CME Clearing
      • #
      • 10-455
      • Notice Date
      • 01 November 2010
      • Effective Date
      • 01 November 2010
    • CME Clearing is pleased to announce the launch of a new Front End Clearing FEC system in early 2011. This new version of FEC, which will be referred to as FEC+, will offer greater straight-through-processing and functionality that will improve firms’ clearing capabilities.  Based on feedback from the clearing community, the new system’s features will include a powerful streamlined and more robust clearing User Interface (UI) and firm-driven messaging enhancements to provide a more intuitive FIXML API. The overall goal is to provide innovative features that greatly improve the user experience.
      The deployment plan will be implemented in several phases over the course of next year.

      For the full text of this advisory...