NASDAQ OMX will on the 7th of October 2013 have a mandatory migration of all fixed income derivatives instrument to the CFM margin model. All members with fixed income derivatives instrument that haven’t migrated to CFM will automatically be migrated to the CFM model at that date. After 7th of October 2013, NASDAQ OMX will no longer use the OMSII risk model for margining of the fixed income derivatives instruments.
The MBFs are the last fixed income product for which CFM has been enabled. With CFM functional for all Fixed Income derivatives cleared at NASDAQ OMX, readiness for the migration on the 7th of October is ensured.
For further information concerning this exchange notice please contact Jesper Bruzelius, Risk Management European Financial Products, telephone +46 8 405 70 02, or jesper.bruzelius@nasdaqomx.com