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

Acceptable Collateral for Short-Term UST ETFs

View Collateral Summary

CME Clearing accepts select short-term UST ETFs. See below for more information.

Notes

  • Acceptable for Base and IRS
  • Capped at $500 million USDE across the clearing member and affiliates

Acceptable Short-Term UST ETFs

Ticker

Name

Creation/Redemption Unit Amount

BIL

SPDR Bloomberg 1-3 Month T-Bill ETF

50,000

CLTL

Invesco Treasury Collateral ETF

10,000

GBIL

Goldman Sachs Access Treasury 0-1 Year ETF

10,000

SGOV

iShares 0-3 Month Treasury Bond ETF

50,000

SHV

iShares Short Treasury Bond ETF

10,000

CME Clearing will only accept shares of Short-Term UST ETFs in multiples of a given funds creation/redemption unit amount. 

Haircut Schedule

  • 3% haircut applied to the market value

Additional Resources

CME Datamine:
  • CME DataMine hosts the acceptable list of Short-Term UST ETFs. Click here to access >
  • Instructions to access the eligible collateral lists via CME DataMine can be found in the Access Guide.

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.

More in Financial and Collateral Management