• Implementation of Liquidity Rules 822 & 901.Q

      • To
      • Clearing Members
      • From
      • CME Clearing
      • #
      • 15-001
      • Notice Date
      • 05 January 2015
      • Effective Date
      • 12 February 2015
    • On December 23, 2014, CME received notice from the CFTC that it does not object to implementation of Proposed Rules 822 and 901.Q. Accordingly, effective February 12, 2015, CME will implement the following liquidity rules:

      • CME/CBOT/NYMEX Rule 822. Liquidity Risk Management
      • CME/CBOT/NYMEX Rule 901.Q. Requirement to Establish Uncommitted Repo

      Regarding Rule 901.Q, CME Clearing will provide each clearing member that is a U.S. Government Securities Broker-Dealer or has a U.S. Government Securities Broker-Dealer affiliate with the master repurchase agreement for execution.

      If you have any questions, please contact Suzanne Sprague (by phone at 312-930-3260; by email at suzanne.sprague@cmegroup.com) or Bryan McBlaine (by phone at 312-338-2469; by email at bryan.mcblaine@cmegroup.com).

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