• Collateral Changes - COMEX Gold Warrants and London Gold Bullion - November 4, 2019

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers
      • From
      • CME Clearing
      • #
      • 19-317
      • Notice Date
      • 23 September 2019
      • Effective Date
      • 04 November 2019
    • CME Clearing will implement changes to its schedule of acceptable performance bond collateral to permit clearing members to deposit COMEX gold warrants to meet Base and IRS performance bond requirements in the House origin. In addition, CME Clearing will increase its gold collateral limit from $250 million to $750 million per clearing member (and affiliates), which will be inclusive of both London gold bullion and COMEX gold warrants.

      For the full text of this advisory, please click here.