Asset Management Enhancement - Automated CUSIP Acceptability Requests

An enhancement is being released on Monday, January 27^th to the Asset Management system to support an automated process of checking acceptability and requesting setup of a security for pledging that does not yet exist in the foreign or domestic acceptable securities list.

 

Instead of having to email requests to CME Clearing Financial to check if a security is acceptable to pledge, users who have access to Asset Management can now submit the CUSIP or ISIN within the application and have a result in minutes. If the security is acceptable, it will automatically be added to the list and the clearing member can then proceed with their deposit. If the security is not acceptable, a reason will be provided on that same screen.

 

Complete details and a demonstration of the new functionality can be viewed at http://www.cmegroup.com/tools-information/webhelp/asset-management/Default.html

For any additional questions or details please contact CME Clearing Financial at 312-207-2594