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VOLUME 30 – BULLETIN #008

TO:

ALL CLEARING PARTICIPANTS

FROM:

CLIENT SERVICES AND SUPPORT

DATE:

March 2, 2010

SUBJECT:

Chicago Climate Futures Exchange Processing Deadlines

In order to ensure the successful processing of Chicago Climate Futures Exchange (CCFE) deliveries, effective with the March 2010 deliveries, the following deadlines will be in place for entry of all long positions and tenders notices:

Trading Ends

Delivery Longs / Tender Submission Deadline

3:00 PM*

5:00 PM*

12:00 PM*

3:00 PM*

 

Contract Expires Prior to Delivery Processing

Delivery Longs / Tender Submission Deadline

First business day after last trading day.

3:00 PM*

*Chicago time.

Clearing participants that fail to submit delivery information by the designated deadline will be subject to fines. The fine schedule will be $500 for the first incident and $1,000 for all other incident(s) during a delivery period. Should Client Services and Support Staff be required to contact a clearing member about the status of their delivery information, this will be considered an incident subject to the fining schedule.

Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:

Richard Crilly

312-836-6707

richard.crilly@theice.com

Marc MacQuarrie

312-836-6718

marc.macquarrie@theice.com

     

ICE Clear U.S.

312-836-6777

ICEClearUS@theice.com

     

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http://www.clearingcorp.com

   
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