Acceptable Collateral for Gold

CME Clearing accepts COMEX gold warrants & London gold bullion as collateral. See below for more information.

• Acceptable for Base and IRS
• Capped at $750 million USDE across the clearing member and affiliates
• Limit inclusive of COMEX gold warrants & London gold bullion
• London gold bullion is limited to a clearing member's Non-Segregated (House) requirement
• COMEX gold warrants are accepted for USD-denominated performance bond requirements
• CME does not accept Elemetal (ELEM) and Al Ethiad (ALET) COMEX brands as performance bond

• 15% haircut applied to the market value

• List of collateral custodians can be found here

Material related to the acceptance of COMEX gold warrants:

• Information sheet can be found here
• Frequently Asked Questions can be found here

Pursuant to CME Rule 817, COMEX gold warrants may become subject to a lien in favor of the Exchange’s liquidity lenders. Consistent with this rule, and in order for a clearing member to be eligible to participate in the COMEX gold warrants collateral program, a UCC-1 financing statement is filed against the clearing member’s collateral on deposit. Please contact creditrisk@cmegroup.com for questions or more information.   

All assets that are utilized to meet PB requirements in different currencies will be subject to an additional cross-currency haircut. For applicable haircuts, please see the Cross-Currency Haircut Percentages file found under Forms and Instructions.