• Separate KCBT SPAN File to be Discontinued After April 22nd

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 13-184
      • Notice Date
      • 17 April 2013
      • Effective Date
      • 22 April 2013
    • This past Monday, April 15, 2013, clearing processing for the Kansas City Board of Trade (“KCBT”) was integrated into CME Clearing. 
       
      Accordingly, all margin calculations for customer portfolios including positions in KCBT products, must now be done using the CME SPAN file.
       
      The separate KCBT SPAN file will be discontinued, and will no longer be available, after this coming Monday, April 22, 2013.
       
      As previously described, the KCBT products are provided in the CME SPAN file with an exchange acronym of CBT. The product codes are KW for Kansas City Hard Red Winter Wheat futures and options (with a SPAN combined commodity code of KCW) and KWS for the Kansas City HRW Wheat calendar swap contract. For more information please see Clearing Advisory 13-159 at:
       
      For more information please contact CME Clearing at 312-207-2525 or ccs@cmegroup.com.
       
       
       
       
      13-184