Performance Bond (Margin) Advisory Notices
To | Clearing Member Firms
From | Chief Financial Officers, Back Office Managers, Margin Managers
Subject | Performance Bond Requirement Changes 8/12/03
Notice Date | 2003-08-08
Notice Number | 03-62
Effective Date |
The Chicago Mercantile Exchange Inc. Performance Bond staff met to review price volatility for Interest rate products and approved the performance bond changes described below. These changes will become effective at the close of business Tuesday, August 12, 2003. The staff recommendations are listed below: PB Requirements for all Interest Rates 8/12/03 This document can be received electronically. Send an e-Mail to lists@cme.com with the text “subscribe pbrates” in the body of the message to subscribe.