CME SDR - Production Release Advisory

CME SDR Users,

In light of the impending expiration of No-Action Letter 13-34 afforded to Swap Dealers (“SDs”) and Major Swap Participants (“MSPs”) providing relief from the requirement to provide valuations on cleared swaps , numerous  extension requests have been filed with the CFTC.  The relief is set to expire on June 30, 2014.

In the unlikely event that the CFTC does not extend the No-Action relief, CME Inc. will offer a valuation reporting service to SDs and MSPs for swaps cleared at CME Inc. to transmit the required valuation data to CME SDR at no cost.  This service will be applied automatically and no opt-in is required.

Alternatively, should you choose to report valuations on swaps cleared at CME Inc. you may submit a valuation upload directly to CME SDR via CSV upload. The upload specifications can be found at:  http://www.cmegroup.com/trading/global-repository-services/submitting-trades-to-cme-repository-service.html.

Testing of the valuation upload is available in our New Release environment.

Please contact the CME Repository Service Support Team with any questions.

Contact Us:
CME Global Repository - Client Services
repositorysupport@cmegroup.com
Chicago (312) 580 5352
London (44) 203 379 3180
Singapore (65) 6593 5592