VOLUME 27 – BULLETIN #019
TO:
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ALL CLEARING PARTICIPANTS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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May 22, 2007
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SUBJECT:
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Processing Schedule for Memorial Day
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On Friday, May 25, 2007 the following processing schedule will be in effect for ChemConnect, Chicago Climate Futures Exchange (CCFE), Eurex, and US Futures Exchange (USFE):
• Midday variations will be processed at the normal time.
• Margin Arrays and Settlement prices will be available at the normal times.
• All other submission deadlines remain the same.
• Firms should submit large trader positions for Friday, May 25, 2007 trade date no later than 9:30 a.m. on Monday, May 28, 2007. These positions must have the position date of May 25, 2007. Firms are cautioned to not report large trader positions more than one time.
• Open interest adjustments for business day May 25, 2007 need to be made by 10:00 a.m. on Monday, May 28,2007.
• The final clearing process will start at 7:00 p.m.
On Monday, May 28, 2007 the following processing schedule will be in effect:
• All exchanges that CCorp processes or clears for will be closed for trading.
The following processes will run on their respective exchanges.
• Eurex will allow Clearing Participant to enter post trade activity. The Clearing Corporation will move money with the Eurex settlement bank and produce new trade registers to reflect this activity at their normal times
• Chicago Climate Futures Exchange (CCFE) open interest reporting will be available on Monday morning until its normal time of 10:00 am. Clearing Participants are urged to make sure their open interest positions are accurately reported to the Clearing Corporation. The open interest report will be available at its normal time.
Please note: Delivery Tenders should not be submitted on Monday, May 28, 2007. Tenders submitted on Monday will not be processed and dropped from the clearing system.
• US Futures Exchange (USFE), open interest reporting will be available on Monday morning until its normal time of 10:00 am. Clearing Participants are urged to make sure their open interest positions are accurately reported to the Clearing Corporation. The open interest report will be available at its normal time.
• The final clearing process will start at 7:00 p.m.
On Tuesday, May 29, 2007 the following processing schedule will be in effect:
• All exchanges that CCorp processes or clears for will be open for trading.
• Midday variations will be processed at the normal time.
• Margin Arrays and Settlement prices will be available at the normal times.
• All other submission deadlines remain the same.
• The final clearing process will start at 7:00 p.m.
Questions regarding processing or scheduling at any of the exchanges that CCorp processes or clears for should be directed to the appropriate exchange.
Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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