Chadv09-179 - CME Group

Performance Bond Requirements-Effective Friday, May 1, 2009

- To
- Clearing Member Firms; Back Office Managers; Margin Managers
- From
- CME Clearing
- #
- 09-179
- Notice Date
- 30 April 2009
- Effective Date
- 01 May 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, May 1, 2009.

TIER CHANGES FOR NEW YORK HARBOR GASOLINE BLENDSTOCK FUTURES CONTRACT (RB), RBOB GASOLINE – FINANCIAL CONTRACT (RT), RBOB CALENDAR SWAP (RL) AND NYMEX RBOB miNY GASOLINE CONTRACT (QU)

Note: The revised tiers are in bold.

RB/RL/RT/QU Intra-Commodity Spread and Scan Tiers
Tiers	New	Old
1	1st Nearby	1st Nearby
2	2nd Nearby	2nd Nearby
3	3rd - 5th Nearby	3rd - 6th Nearby
4	Greater than the 5th Nearby	Greater than the 6th Nearby

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.