CME Group Receives 90-Day Extension for Margin Changes to August 5, 2012
CME Group today requested and received a 90-day extension for implementing margin changes announced yesterday in order to comply with CFTC Regulation 39.13(g)(8)(ii), as it applies to customers that are exchange members (member-customers) and omnibus accounts.
During the extension period, CME Clearing will work with the CFTC to address member-customer concerns. Additionally, CME Group will keep member-customers informed during this period and provide adequate notice of any changes to margin requirements.
With the extension, CME Clearing now will be required to enforce this rule as it applies to member-customers and omnibus accounts on August 5, 2012.
- DTCC Helps Firms Comply with TMPG's Best Practices for Margining of Agency MBS Transactions
- BNY Mellon Enhances AccessEdge Collateral Management Portal
- TAIFEX and Eurex Announce Launch Date of Joint Product Cooperation
- Financial Firms can Maintain Profitability by Optimising Collateral, Regulatory Capital and CCP Selection
- Opinion & Analysis
- Careers & People
- Events & Podcasts
- About Us