• Performance Bond Requirement Changes -- Effective Monday, November 3rd, 2008

      • To
      • Clearing Member Firms, Chief Financial Officers, Back Office Managers, Margin Managers
      • From
      • CME Clearing
      • #
      • 08-309
      • Notice Date
      • 31 October 2008
      • Effective Date
      • 03 November 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. The rates are effective at the close of business on Monday, November 3rd, 2008.


      --CRUDE OIL MACI INDEX CONTRACT (XC)

       

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