| Notice to Members | ||||||||||||||||
| Notice No. 498 09/30/2008 |
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| Performance Bond Requirement Changes -- Tier Changes for HO/MP/BH/QH | ||||||||||||||||
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| To receive advanced notification of Performance Bond (margin) changes, through
our free automated mailing list, go to: http://www.cmegroup.com/newsletter/web2lead/web2sf-old.html
and subscribe to the Performance Bond Rates Advisory Notices listserver.
As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed below. The rates are effective at the close of business on Wednesday, October 1st, 2008. TIER CHANGES FOR HEATING OIL (HO), NEW YORK HARBOR HEATING OIL CALENDAR SWAP (MP), HEATING OIL – FINANCIAL CONTRACT (BH) AND NYMEX miNY™ HEATING OIL (QH) Note: The revised margin Tiers are in bold.HO/MP/BH/QH Intra-Commodity Spread and Scan Tiers
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |