Support for SPAN 2™ Framework Approximation Test Files Now Available - Effective November 22, 2024
To: Clearing Member Firms; Back Office Managers; Margin Managers; PC SPAN Users; Bookkeeping Software Providers; ISVs
From: CME Clearing
# 24-349
Notice Date: 12 November 2024
Effective Date: 22 November 2024
Consistent with this advisory, and pending all applicable regulatory reviews, CME is migrating equity products to the SPAN 2 framework. As part of this migration, CME has enhanced the SPAN 2 approximation SPANⓇ risk array files to include risk data for equities in the SPAN 2 framework.
The production go live date for the equities in the SPAN 2 approximation risk data is the end-of-day cycle on Friday, November 22, 2024. Please note this date does not impact the existing November 15, 2024 go live date for equities in the SPAN 2 framework.
Below please find the expected impacts to CME services.
