Interest Earning Facility 2 (IEF 2)


Interest Earning Facility 2 (IEF 2)
CME Clearing program developed to support the acceptance of money market mutual fund shares at CME to be used as performance bond collateral and to satisfy security deposit requirements. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Interest Earning Facility 3 (IEF 3) — CME Clearing House collateral program designed to allow clearing firms to satisfy core, reserve and concentration performance bond requirements with a wide range of collateral, consistent with CFTC Regulation 1.25. This program has a daily unwind …   Financial and business terms

  • Interest Earning Facility 4 (IEF 4) — CME Clearing collateral program designed to allow clearing firms to satisfy core, reserve and concentration performance bond requirements with a wide range of collateral, consistent with CFTC Regulation 1.25. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • Interest Earning Facility 5 (IEF 5) — CME Clearing program in which clearing members can earn a monthly hard dollar benefit by depositing US dollar cash in a CME bank account at a select financial institution. Clearing members can satisfy a portion of their core and all of their… …   Financial and business terms