Notice to Members
Notice No. 503
10/02/2008
Performance Bond Requirement Changes -- for Cocoa Futures (CJ) and Coffee Futures (KT)
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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 Friday, October 3th, 2008.

MARGIN RATE CHANGES FOR Cocoa Futures (CJ) and Coffee Futures (KT)


Note: The revised margins are in bold

Outright (Scan) Margins For CJ and KT
 
 
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
CJ
$2,500
$3,000
$2,750
$3,300
$3,375
$4,050
KT
$3,500
$4,000
$3,850
$4,400
$4,725
$5,400
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com