• KCBOT Clearing Integration and Eligibility Plan for CME/CBOT Members

      • To
      • CME, CBOT and KCBOT Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 13-061
      • Notice Date
      • 06 February 2013
      • Effective Date
      • 15 April 2013
    • On Monday April 15, 2013, pending regulatory approval, clearing processing for the Board of Trade of Kansas City Missouri, Inc. (“KCBOT”) will be transitioned to CME Clearing. CME Clearing will become the DCO for the KCBOT, and clearing processing will be transitioned into CME Clearing’s systems. 
       
      Also effective on that April 15 date, all CME and CBOT clearing member firms will become eligible to clear KCBOT products. There will be no additional capital, membership, or permit ownership requirements for CME and CBOT clearing members.
       
      For more information on this transition, please see Clearing Advisory 12-551 at: http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv12-551.pdf. Note that prior to the April 15 date, there will be minimal operational changes, and all existing KCBOT clearing processing will continue in the current KCBOT systems without modification.
       
      If you have any questions, please contact CME Clearing Client Services at 312-207-2525. For CME Globex market access considerations, clearing firm administrators should contact their Global Account Manager.

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      13-061