Date: August 23, 2017
Re: T+2 Futures Settlement Cycle Conversion
Effective Date: September 5, 2017
OneChicago, LLC (“OneChicago”) is issuing this Notice to Members (“NTM”) 2017-46 to confirm that the settlement cycle for all OneChicago T+3 products will be changing to a T+2 settlement cycle, in accordance with the industry-wide change. This change will be effective on September 5, 2017.
Currently, Monthly and Friday Futures Contracts traded on OneChicago settle on a T+3 cycle. Starting on September 5, 2017, these products will convert to a T+2 settlement cycle. Weekly Contracts will remain at their current settlement cycle of T+1.
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If you have any questions, please contact OneChicago Operations at (312) 883-4311 or email@example.com.