CME Group, the world's leading and most diverse derivatives marketplace, issued the following notice today.
CME Group will close its Interest Rate complex, including Treasury, Eurodollar and Fed Funds futures and options on futures markets on the trading floor and on CME Globex at 11:00 a.m. CT today in line with SIFMA's decision to close the cash market.
For credit default swaps (CDS), CME Group will accept deals up until regular deal acceptance time of 6:00 p.m. CT, with settlement curves calculated at 11:00 a.m. CT. For interest rate swaps (IRS), CME Group will accept deals up until regular deal acceptance time of 6:00 p.m. CT. Non-dollar settlement curves will be derived at their normal times. The U.S. curve will be derived at 11:00 a.m. CT, consistent with fixed income market closing times in the U.S.
Additionally, equity index futures and options on futures markets on the trading floor and CME Globex closed at 8:15 a.m. CT today.
We will continue to monitor the situation as well as continue our coordination with other exchanges and will keep you updated as information becomes available.