CME Group
312-930-1000
Customer Service: 800-331-3332
E-mail: info@cmegroup.com
CME Clearing adheres to a designated timeline for daily performance bond collateral transaction and settlement cycle processing. The time frames apply to all specialized programs supported by CME Group, unless noted otherwise.
| 12:00 midnight | Final RTH Banking Reports are faxed to CME's settlement banks |
| 6:40 a.m. | 1. Settlement Banks irrevocably commit to pay end-of-day (RTH) 2. Variation and performance bond calls to CME on a T+1 basis for USD 3. Transactions and T+1+1 basis for non-dollar transactions |
| 9:00 a.m. |
Clearing firm deadline to notify the collateral bank of treasury security delivery for same day performance bond credit. This applies to CME & CME/OCC cross margining program. |
| 9:30 a.m. | Clearing firm deadline to input security transactions to C21 Banking and Asset Management for CME & CME/OCC cross margining program. Settlement bank advisory notification to CME of pending member firm security deliveries. |
| 10:30 a.m. | Clearing firm deadline to input withdrawal request to C21 Banking and Asset Management to withdraw excess securities for CME & CME/OCC cross-margining program. Clearing firm deadline to enter withdrawal request to C21 Banking and Asset Management to release foreign currency performance bond cash. Clearing firm deadline to enter requests for deposit and withdrawal of stock through DTC system. Deadline for CME to access DTC system for pledges and withdrawals of stock for pb. credit for ITD cycle. |
| 11:00 a.m. |
Clearing firm deadline to input IEF2, IEF3, IEF4 and IEF5 purchase/withdrawal instructions to C21 Banking and Asset Management. |
| 11:30 a.m. | C21 applications closed in preparation of ITD settlement cycle |
| By 12:30 p.m. | CME disseminates ITD settlement cycle settlement variation pay/collect or margin call/release information. C21 applications re-opened to allow clearing firms to process collateral transactions and to review ITD settlement cycle settlement information. |
| By 1:00 p.m. | Intra-Day Banking reports printed and faxed to settlement banks. |
| 1:30 p.m. | Clearing firm deadline to notify bank of intention to deliver securities for afternoon performance bond credit for CME & CME/OCC cross-margining program. Settlement bank notification to CME of afternoon securities pledges from member firms. Clearing firm deadline to enter Treasury security withdrawal transaction to C21 Banking and Asset Management for excess Treasury collateral allocated to CME or for CME & CME/OCC cross-margining program. Clearing firm deadline to enter Treasury security deposit transactions to C21 Banking and Asset Management for allocation to CME for CME same-day performance bond credit. Clearing firm deadline for deposits of stock into DTC system to receive performance bond credit. |
| 1:40 p.m. | Settlement bank confirmation; payment obligations due and owing to the Clearing House from the ITD settlement cycle will be paid. |
| 2:30 p.m. | Bank deadline to confirm delivery of securities to CME custody accounts for CME same-day performance bond credit. This deadline applies to CME & CME/OCC cross-margining program. P.M. IEF2 deposit and withdrawal deadlines vary by fund, but are not later than 2:30 p.m. Please call the Clearing House Financial Unit at 312/ 207-2594 for specific deadlines. |
| 3:00 p.m. | Deadline for banks to deliver original letters of credit or amendments to letters of credit to CME for same-day performance bond credit. |
| Trade Date | 08/28/08 | 08/26/08 |
| Est. Electronic | 22,751 | 8,397,352 |
| Est. Open Outcry | Closed | 1,747,184 |
| Est. Clearport Clearing | 0 | 529,964 |
| Est. Totals | 22,751 | 10,674,500 |
Delayed at least 10 minutes
