Performance Bond (Margin) Advisory Notices
To | Clearing Member Firms;Chief Financial Officers;Back Office Managers;Margin Mangers
From | CME Clearing
Subject | Performance Bond Requirements - Effective Tuesday, September 2, 2008
Notice Date | 2008-09-02
Notice Number | 08-206
Effective Date | 2008-09-02
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 new product offering of Cleared Interest Rate Swaps. For more information on this new product offering, please go to: http://www.cmegroup.com/clearedswaps The changes will be effective September 2, 2008. For the full text of this advisory...