Performance Bond (Margin) Advisory Notices
To | Chief Financial Officers, Back Office & Margin Mgrs
From | Clearing House Department
Subject | Performance Bond Requirements
Notice Date | 2003-11-04
Notice Number | 03-95
Effective Date |
Clearing House Performance Bond staff approved the indicative performance bond spread credits for the following CME-CBOT Cross-Exchange spreads for the CME/CBOT Common Clearing Link. The CBOT Agricultural, Dow, Fed Funds, Municipal Note and Swap Future spread credits against CME products will be effective at the initial common clearing link launch on November 24, 2003. The remaining CBOT Treasury and Agency spread credits against CME products will be effective at the subsequent CCL launch on January 02, 2004. The staff recommendations are listed below: Performance Bond Requirements 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.