Beginning trade date June 23, 2014, "per month" Henry Hub Future contracts will be available for trading on Globex. Currently, only the "per day" version of the contract (code "NN") trades on Globex, yielding cleared quantities in multiples of the number of calendar days in the contract month times the Globex-traded quantity, when delivered to firms via FIXML messaging.

The Globex product code for the "per month" contracts will be "NNE", and id will be converted to clearing product code "NN" in Front End Clearing (FEC). The trade quantities sent to firms via FIXML messaging will be the same as the quantities traded in Globex.

The "per month" contracts will also include an Alternate ID block, with Alternate ID Source (AltIDSrc) of "103". Currently, Trade At Marker ("TAM") trades carry an Alternate ID block with AltIDSrc="112". Trade Capture Reports without special reference product codes do not include Alternate ID blocks.

For questions, help testing in the New Release environment, or further information please contact CME Clearing Services (CCS) at 312-207-2525 or ccs@cmegroup.com.

For examples and full text, please click here.

CME-CH.COM migration to CME CORE

Effective Tuesday, June 10, 2014, the following software and documentation that was available through cme-ch.com is now available in CME CORE:

CME Optimizer
PC – SPAN
SPAN Risk Manager
SPAN RM Clearing
SPAN COM Interface
SPAN DOT NET Interface
SPAN Framework

Please note, all users will be able to access their software after claiming their legacy permissions in CME CORE’s Download Center.

Accessing the latest version of your software is easy through CME CORE.

1) Create a SMART Click ID if you do not already have one.

a. See steps below for creating one.

2) Log into CME CORE here: https://cmecore.cmegroup.com/core/index.html

3) Go the Download Center à Software.

a. PC SPAN will be available (no purchase necessary).

b. All customers can claim their legacy software in CME CORE by entering their cme-ch.com user name and password into CME CORE’s software download center.

Steps for creating a SMART Click ID:

1) Go to the CME CORE login screen: https://cmecore.cmegroup.com/core/index.html

2) Click on the "Need to Register" link and provide the required information.

3) Receive your SMART Click ID.

Please reach to EASE_Globex_Request@cmegroup.com with any questions about creating a SMARTCLICK ID.

Please reach out to clearing.riskmanagement@cmegroup.com with any questions about SPAN.

FIXML Settlement Price Files for Futures, Options and Forwards Upgrade Coming June 23, 2014

Beginning trade date June 23, 2014, newly formatted FIXML Settlement Price files will replace the current versions for Futures, Options, and Forwards Settlement Price files. CDS FIXML Settlement Price files will not change in any way at this time. For more information, please click here.

Auto-exercise for API Coal Options on Strips

Effective starting with the July 2014 expirations, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or EXCHANGE) will introduce auto-exercise on expiry on the below listed option products.

Additionally:

Expiration time will change from 15:00 London time to 17:00 London time

· For the expiry/exercise/assignment process to occur during the London business day CME Group will use the end-of-day coal market data published by the London Energy Brokers Association (‘LEBA’) as the price reference.

· The proposed expiration day timetable is:

o 17:00 London time (11:00 CT): cessation of trading of expiring contracts;

o 17:45 London time (11:45 CT): by this time, third party (LEBA) data received;

o 18:00 London time (12:00 CT): by this time, at-the-money cut off applied to open positions;

o 18:00 London time (12:00 CT): contra-instruction deadline;

18:30 London time (12:30 CT): announce OTM exercise / ITM abandon submissions.

http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv14-210.pdf

Deliveries

USD and EUR Interest Rate Swap Futures – Delivery Process

Please be advised that the delivery process and schedule at this link will be in effect for the June 2014 delivery cycle. All times are Central Standard Time unless otherwise noted.

CME Group Delivery Dates for June 2014

Listed at this link are the relevant delivery dates for the June 2014 Chicago Mercantile Exchange Inc., Chicago Board
of Trade, NYMEX, COMEX, and DME contracts.

2014 Approved List of Live Cattle Stockyards & Slaughter Plants

The attached Stockyards and Slaughter Plants have been approved for deliveries against the CME Group Live Cattle futures contract from February 1, 2014 through January 31, 2015. Delivery point information and contact numbers are listed for your reference.

See the full advisory.

If there are any questions, please contact the Deliveries Unit at (312) 930-3172.

NEW: June 2014 Currency Order-to-Pay Chargers

Listed below is the breakdown of order-to-pay charges per contract for the June 2014 currency delivery. CME Group assesses these charges on a pro rata basis among all longs and shorts settled outside of CLS regardless of whether your firm used an order-to-pay for any of its long transactions. The order to pay breakdown below is based on a per contract basis.

Order-to-Pay Charge Per Contract
TY	Turkish Lira	$0.15
Z	PLN/EUR Cross Rate	$0.03

If you have any questions, please contact the Deliveries Unit, at (312) 930-3172.

Events & Announcements

NEW: Collateral Categorization & Limit Changes – Performance Bond

Effective July 11, 2014, CME Clearing will expand the categories of acceptable collateral to meet Performance Bond requirements from three to four categories for Base Guaranty Fund and IRS products, pending regulatory approval.[1] Please see the table below for the new asset categorization. In addition, the limit on Letters of Credit will be changed to the lesser of $500M or 25% of a Clearing Member’s core requirement.[2] Further, financial-affiliated Clearing Members will no longer be able to post Letters of Credit to meet house Performance Bond requirements.

All other limits will remain the same under the new category structure.

Category 1

USD Cash

FX Cash⁺

US Treasuries

Category 2

IEF 5

LOC*

Category 3**

US Government Agencies

Select MBS

Tstrips

TIPS

Category 4***

IEF 2^†

IEF 4 (Corporate Bonds)

Gold

ETFs and Stocks

Foreign SOV Debt

+$250 million USD equivalent on FX cash meeting requirement in a different currency
*Capped at the lesser of 25% of core requirement or $500 million per clearing member
**Capped at 40% of core requirement per clearing member
***Capped at the lesser of 40% of core requirement or $5 billion per clearing member

†Not subject to the 40% cap

Category 3 and 4 combined cannot exceed $7 billion in USD equivalent

For more information, please contact CME Clearing Financial Unit at 312-207-2594 or CME Clearing Risk Unit at 312-648-3888.

[1] Expansion of collateral categories for CDS products will take place following separate regulatory approval process.

[2] Please note that Letters of Credit are not accepted as collateral to meet Performance Bond requirements for CDS and IRS products.

NEW: Product Modification Summary: Soybean Crush Options – REVISED

Please be advised that the Chicago Mercantile Exchange, Inc. (CME or EXCHANGE) postponed the listing of the Soybean Crush Options on CME Globex and for submission for clearing on CME ClearPort that were scheduled for Sunday, June 22 (for trade date Monday, June 23),

These products are already listed on Open Outcry (Floor). Please refer to the link below for contract specs.

http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/soybean-crush_contractSpecs_options.html

Code Clearing/Globex	Title
31 / BCE	SOYBEAN CRUSH OPTIONS

NEW: Holiday Schedule – July 4, 2014

Please reference the holiday processing schedule at this link for Friday, July 4, 2014 in observance of Independence Day.

OTC Holiday Advisory - Independence Day

On Friday, July 4, 2014 (Independence Day), CME Clearing will be open to clear trades. Due to the holiday, however, there will be several impacts to CME Clearing’s processing and trade submission timelines for OTC products. For the full text of the advisory describing these impacts, please click here.

NEW: REVISED June 2014 Final Foreign Currency Settlement Prices

Please follow this link for the full text advisory notice regarding June 2014 Final Foreign Currency Settlement Prices.

Strike Interval Reduction- Options on Mexican Peso / U.S. Dollar (MXN/USD)

Effective Sunday, June 22, 2014 for trade date Monday, June 23, 2014 the Chicago Mercantile Exchange, Inc. (CME or Exchange) will reduce the strike interval for options on Mexican Peso/U.S. Dollar (MXN/USD) futures from an increment of .000625 to .000500 listed in the table below. The strike price DPL will remain unchanged at 6.

With this change, the strike price listing rules will be expanded from ± 24 ATM to ± 30 ATM for all trading maturities on CME Globex, the CME trading floor and for submission for clearing on CME ClearPort.

Code Clearing/Globex	Title	Current Strike Interval	New Strike Interval (as of June 22)
MP/1M	MEXICAN PESO OPTIONS Week 1	000625	000500
MP/2M	MEXICAN PESO OPTIONS Week 2	000625	000500
MP/3M	MEXICAN PESO OPTIONS Week 3	000625	000500
MP/4M	MEXICAN PESO OPTIONS Week 4	000625	000500
MP/5M	MEXICAN PESO OPTIONS Week 5	000625	000500
MP/6M	MEXICAN PESO OPTIONS Long dated	000625	000500

Contact Information

CME Group Contacts
cmegroup.com Inquiries	Customer Service	(800) 331-3332
General Information	Products & Services	(312) 930-8213
General Information	Clearing House	(312) 207-2525
CME Globex Information	CME Global Command Center
Global Account Management	U.S.	(800) 438-8616
	Europe	+0800 898 013
	Asia	+65 6532 5010
Performance Bond Information	Risk Management Dept.	(312) 648-3888
Position Limits	Market Regulation	(312) 341-7970
Clearing Fees	Clearing Fee Hotline	(312) 648-5470
Risk Management	Risk Management Hotline	(312) 634-3888
Collateral	Financial Unit Hotline	(312) 207-2594
Deliveries	Deliveries Unit	(312) 930-3172
Clearing Customer Service		(312) 207-2525

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs).
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

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CME Clearing Notice: Monday, June 16, 2014

Critical System Updates

NEW: New Alternate ID Source (AltIDSrc) on Some Globex TrdCaptRpts Coming Trade Date June 23, 2014