Access Manager for TBA futures - Effective April 14, 2025
To: Clearing Member Firms; Chief Financial Officers; Back Office Managers
From: CME Clearing
# 25-107
Notice Date: 20 March 2025
Effective Date: 14 April 2025
Effective Monday April 14th, 2025, TBA futures contracts will be removed from Risk Management Tools - Access Manager display. Any Clearing Members with existing permissions in-effect are required to remove them by Thursday April 10th, 2025.
As background, Access Manager is used by Clearing Members to manually permission (white-list) customer accounts that are allowed to submit orders in front-month TBA futures during a three-day period prior to expiration of the front-month contract. CME has observed that the current white-list permissioning functionality has created operational challenges with customers exiting positions within this three-day period. As an alternative, Clearing Members can manage customer account access to TBA futures by restricting trading at a product level for any of their trading participants via the product restriction functionality within Inline Credit Controls (ICC).
For any questions, please contact GCC at gcc@cmegroup.com or 800-438-8616.
For the full text of this advisory, please click the link below.
