Collateral Types Accepted for Futures, Options, Forwards, OTC FX & Commodity Swaps

Accepted Collateral for IEF2 - Money Market Funds

View Collateral Summary

CME Clearing offers an IEF program for Government Money Market Mutual Funds.

Notes

  • Acceptable for Base and IRS
  • Capped at $5 billion USDE across the clearing member and affiliates
  • Select government money market mutual funds
  • Must be an IEF2 participant

Haircut Schedule

  • 3% haircut applied

Additional IEF2 Resources

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.

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.

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