January 09, 2025 will be a business day for CME Clearing where trades and post-trade activity will all clear on January 09, 2025. CME Clearing will maintain normal timeframes for processing on January 09, 2025. Below are a few areas that are worth highlighting.

Clearing Items of Note:

• U.S.-based equity options that expire on January 09, 2025 will be moved to expire on January 08, 2025 
  • Actual Exercise and Assignment process for these options will occur on January 09, 2025 utilizing the price from January 08, 2025 
• U.S.-based equity products traded during overnight session will have a clear date of January 09, 2025 and will be included in ITD and End of Day settlement cycles although settlement prices will be copied forward from January 08, 2025, with the exception of Adjusted Interest Rate Total Return Funds. Settlement bank confirmations will occur as normal on the morning of January 09, 2025 
  • Prices for Adjusted Interest Rate Total Return Funds shall be derived at its normal time on January 09, 2025
• CME Clearing will run an Intra-day settlement cycle (ITD) on January 09, 2025 
• January 09, 2025 will be a valid delivery date for deliverable products 
• All post-trade activity in FEC+ will be available and applied on January 09, 2025  
• End of Day processing will occur per normal including PCS and CGM file submission as well as all portfolio margin and cross-margin programs 
• January 09, 2025 will be a normal clearing day for OTC IRS and OTC FX products

For the full text of this advisory, click the link below.