| Asset Class | Hard Dollar Limit |
|---|---|
| Cash | None1 |
| U.S. Treasuries | None |
| Letters of Credit2 | $500 million |
| U.S. Government Agencies | $2 billion |
| Agency MBS | $1.4 billion |
| U.S. TIPS | $1 billion |
| U.S. Treasury STRIPS | $1 billion |
| Gold3 | $750 million |
| IEF2 – Money Market Funds | $5 billion |
| Corporate Bonds | $2 billion |
| Stocks | $500 million |
| ETFs | $500 million |
| Short-Term UST ETFs | $500 million |
| Supranationals | $250 million |
| Prefunded Treasury Facility (PTF) | None4 |
| Canadian Provincials | $100 million |
| Foreign Sovereign Debt | |
| Canada | $1.4 billion |
| France | $1.4 billion |
| Germany | $1.4 billion |
| Japan | $1 billion |
| United Kingdom | $1.4 billion |
| Australia | $250 million |
| Mexico | $250 million |
| Singapore | $150 million |
| Sweden | $100 million |
1 With respect to all foreign currencies, clearing members are subject to a $250 million USDE limit across the clearing member and affiliates for meeting requirements in a different currency. Offshore Chinese renminbi is capped at $200 million USDE across the clearing member and affiliates. Upon request, CMFs may deposit additional CAD, EUR, GBP, and JPY cash up to a $500 million USDE FX cash mismatch limit. Please contact ClearingHouseFinancial@cmegroup.com for more information.
2 Letters of Credit are acceptable collateral for performance bond for Base products only and not permitted for House PB requirements, for financial-affiliated clearing members. Letters of Credit are capped at 25% of margin requirement.
3 London gold and COMEX gold warrants are acceptable collateral for performance bond for House positions only.
4 The PTF is acceptable to meet performance bond requirements in the House origin for futures and options products in the Base Guaranty Fund. The amount of PTF a clearing member can use to meet House performance bond requirements is limited to 75% of the clearing member's performance bond requirement on the day of acceptance of the PTF by CME as collateral on deposit.
Note: Canadian provincials, corporate bonds, ETFs, stocks, Short-Term UST ETFs, COMEX gold warrants, London gold bullion, supranational debt, and foreign sovereign debt except that issued by Canada, France, Germany, and the United Kingdom are capped at $5 billion USDE across the clearing member and affiliates. IEF2, Canadian provincials, corporate bonds, ETFs, stocks, Short-Term UST ETFs, COMEX gold warrants, London gold bullion, supranational debt, all foreign sovereign debt, U.S. government agency debt, agency MBS, and STRIPS are capped at $7 billion USDE across the clearing member and affiliates.