Performance Bond (Margin) Advisory Notices
To | Chief Financial Officers, Back Office & Margin Mgrs
From | Clearing House Department
Subject | Performance Bond Requirements - Live Cattle
Notice Date | 2003-10-09
Notice Number | 03-81
Effective Date |
Chicago Mercantile Exchange Inc., Performance Bond staff reviewed the volatility for Live Cattle contracts and approved the performance bond changes listed below. These changes will become effective at the close of business on Friday, October 10, 2003. The staff recommendations are listed below: Performance Bond Requirements for Live Cattle 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.