• Performance Bond Requirement Changes -- Effective Thursday, October 2nd, 2008

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 08-259
      • Notice Date
      • 02 October 2008
      • Effective Date
      • 02 October 2008
    • 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. These rates are effective after the close of business
       on Thursday, October 2nd, 2008.

         --CME Currency Futures Outright Rates
         --FXMS Currency Spot Outright Rates

       

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