CME Clearing accepts a select number of shares of ETFs and equity stocks for customer and house segregated performance bond collateral for Base Guaranty Fund products. CME Clearing now accepts ETFs under its own asset type, ETF, in our C21 system. Both ETFs and stocks are category 4 assets and are capped in combination at $1 billion per clearing member firm. Please refer to the website http://www.cmegroup.com/clearing/financial-and-collateral-management/ for further details regarding acceptable collateral, haircuts, and limits.
For ETF and stock acceptance criteria and a list of eligible ETFs and stocks, please see http://www.cmegroup.com/clearing/financial-and-collateral-management/ . CME Clearing utilizes a tiering methodology based on average daily volume to determine the number of eligible shares per clearing member firm.
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