|
8:00 p.m.
|
Final PCS Transmission Deadline |
|
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 |
|
7:20 a.m.
|
Regular Trading Hours Open |
|
9:00 a.m.
|
Clearing firm deadline to notify the settlement 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.
Clearing firm deadline for phone notification to the Clearing House of intention to either
invest dollars in IEF2 & IEF5 or liquidate IEF2 & IEF5.
Bank deadline to confirm delivery of securities to custody accounts for CME ITD cycle
performance bond credit. This deadline applies to CME & CME/OCC cross-margining
program.
Deadline for banks to deliver original letters of credit or amendments to previously issued
letters of credit to CME for ITD cycle performance bond credit.
|
|
11:15 a.m.
|
ITD PCS submission deadline |
|
11:30 a.m.
|
CME to create SWIFT messages for the movement of cash relating to
the movement of IEF2 & IEF5 purchases or redemptions.
Intra-day Mark-to-Market Process Begins
C21 applications closed for running CME 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. |
|
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.
Deadline for banks to deliver original letters of credit or amendments to letters of credit
to CME for same-day performance bond credit.
Clearing firm deadline for deposits of stock into DTC system to receive performance bond
credit.
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. |
|
3:10 p.m.
|
Settlement bank confirmation for BOTCC mid-day settlement
cycle. |
|
3:30 p.m.
|
CME deadline to enter currency rates into 3270 system.
CME to contact settlement banks with results from POP report. |
|
7:00 p.m
|
Online Processing Systems close (GUS/APS/TES)
Options Special Instructions due. |
