• Performance Bond Requirement Changes - Effective Monday, May 11, 2009

      • To
      • Clearing Member Firms, Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-193
      • Notice Date
      • 08 May 2009
      • Effective Date
      • 11 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 with the launch of these products on Monday, May 11, 2009.
      CME Energy Futures Outright Rates
      National Balancing Point (NBP) Henry Hub Basis Futures Swap (E2)
      Rate Type
      Non-Member Customer Initial Rate
      Member Customer Initial Rate
      Clearing Member/Maintenance Rate