• OTC Holiday Advisory - Christmas and New Year’s Day

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-482
      • Notice Date
      • 15 December 2014
      • Effective Date
      • 25 December 2014
    • CME Clearing will be open for clearing of all cleared OTC financial products on Christmas Day, Thursday, December 25th, 2014.

      Please note that for all currencies, except Japanese Yen, CME Clearing will follow normal holiday processing procedures.  Thus, trades will still clear real time, but will clear for the next clearing business day.  For JPY-denominated trades, since Thursday, December 25th is a normal business day for Japanese Yen, CME Clearing will report and clear all JPY-denominated trades as per normal business day. 

      On New Year’s Day, Thursday, January 1st CME Clearing will be closed and thus no clearing cycle will be processed for cleared OTC financial products.

      For specific information on how this will impact CME Clearing’s processing and trade submission timelines, please refer to the information attached.

      For the full text of this advisory, please click here.