Performance Bond (Margin) Advisory Notices
To | Clearing Member Firms, Chief Financial Officers, Back Office Managers & Margin Managers
From | CME Clearing
Subject | Performance Bond Changes Effective 12/18/07
Notice Date | 2007-12-17
Notice Number | 07-310
Effective Date | 2007-12-18
As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Performance Bond staff approved the performance bond requirements for the following products listed below. SPAN MINIMUM PERFORMANCE BOND REQUIREMENTS Please note the ratio change to CME INDEX FUTURES -- INTER-COMMODITY RATES Effective Tuesday, December 18, 2007 Yen-based Nikkei (N1) vs. NIKKEI 225 Stock Index (NK) Ratio (9:8) Please contact the Risk Management Department at 312-648-3888, if you have any questions regarding these Performance Bond Changes. For printer friendly version . . .