• Performance Bond Requirement Changes: Effective Friday, June 19, 2009

      • To
      • Clearing Member Firms, Chief Financial Officers, Back Office Managers, and Margin Managers
      • From
      • CME Clearing
      • #
      • 09-261
      • Notice Date
      • 18 June 2009
      • Effective Date
      • 19 June 2009
    • To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to: http://www.cmegroup.com/newsletter/web2lead/web2sf-old.html and subscribe to the Performance Bond Rates Advisory Notices listserver.

      As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed below. The rates are effective at the close of business on Friday, June 19th, 2009. Current rates as of Thursday, June 18th, 2009.



      Rate changes are effective for the following products:


      1. CBOT AGRICULTURAL FUTURES - Outright Rates
      2. CME AGRICULTURAL FUTURES - Outright Rates
      3. CBOT AGRICULTURAL FUTURES - Intra Spreads
      4. CME AGRICULTURAL FUTURES - Intra Spreads
      5. CBOT AGRICULTURAL FUTURES - Inter-commodity Spread Rates
      6. CBOT ENERGY PRODUCTS - Inter-commodity Spread Rates
      7. CME AGRICULTURAL FUTURES - Inter-commodity Spread Rates
      8. NYMEX NATURAL GAS PRODUCTS - Inter-commodity Spread Rates
      9. NYMEX PETROLEUM PRODUCTS - Inter-commodity Spread Rates




      For the full text of this advisory, please click here.