Performance Bond (Margin) Advisory Notices
To | Clearing Member Firms, Chief Financial Officers, Back Office Managers & Margin Managers
From | Clearing House Department
Subject | CBOT Binary Options on the Target Fed Funds 7/12/06
Notice Date | 2006-07-12
Notice Number | 06-174
Effective Date | 2006-07-12
Chicago Mercantile Exchange Inc. and Chicago Board of Trade Performance Bond staff approved the performance bond requirements for CBOT® Binary Options on the Target Federal Funds Rate. These margins will become effective with the launch of these products on July 12, 2006. For the full text of this advisory . . .