Performance Bond Requirements: Corn Outright and Spread Changes- Effective Wednesday, November 7, 2012
To
Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
From
CME Clearing
Advisory #
12-473
Notice Date
November 06, 2012
Effective Date
November 07, 2012
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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 rates will be effective after the close of business on
Wednesday, November 7, 2012.
Current rates as of:
Tuesday, November 6, 2012.