ChAdv09-266 - CME Group

Performance Bond Requirement Changes: Effective Tuesday, June 23, 2009

- To
- Clearing Member Firms, Chief Financial Officers, Back Office Managers, and Margin Managers
- From
- CME Clearing
- #
- 09-266
- Notice Date
- 22 June 2009
- Effective Date
- 23 June 2009

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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 changes are effective at the close of business on Tuesday, June 23^rd, 2009.

TIER CHANGES FOR CRUDE OIL FUTURES CONTRACT (CL), FINANCIAL CRUDE OIL CONTRACT (WS), CRUDE OIL CALENDAR SWAP (CS), and NYMEX miNY CRUDE OIL CONTRACT (QM)

Note: The revisions are in bold.

CL/WS/CS Intra -Commodity Spread Tiers
Tiers	New	Old
1	1^st Nearby	1^st Nearby
2	2nd - 5th Nearby	2nd - 6th Nearby
3	6th – 29th Nearby	7th – 30th Nearby
4	Greater than the 29th Nearby	Greater than the 30th Nearby

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