Haircuts & Limits

In an effort to provide CME clearing member firms with cost-effective, flexible choices for managing clearing-level performance bond requirements, CME Clearing accepts a wide variety of collateral through its collateral programs.  All collateral programs are routinely reviewed to ensure that applicable haircuts and other relevant parameters adequately cover the respective market risk profile. 

Given the increased volatility in the short-term securities market, effective Thursday, December 27, 2007, the following changes will be made to IEF2 Money Market Fund Program:

For the full text of this advisory...