CME Clearing accepts cash, including USD and foreign currency as collateral. See below for more information.
A haircut is applied to cash when cash is utilized to meet a requirement based in a different currency. Please see the Cross-Currency Haircut Percentages file for applicable cross-currency haircuts applied to all assets.
The haircut is determined by the asset currency, except for USD assets where the haircut is determined by the requirement currency:
5% |
7.5% |
10% |
15% |
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|
|
|
A haircut is applied to cash when cash is utilized to meet a requirement based in a different currency. Please see the Cross-Currency Haircut Percentages file for applicable cross-currency haircuts applied to all assets.
The haircut is determined by the asset currency, except for USD assets where the haircut is determined by the requirement currency:
5% | 7.5% | 10% | 15% |
---|---|---|---|
|
|
|
|
Firms with assets exceeding specified limits may incur a true up margin requirement in an amount no less than the USDE amount over the specified limit. Firms will be notified by CME Clearing of the true up requirement amount.