Performance Bond (margin) Advisory Notice

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To Chief Financial Officers, Back Office Managers, Margin Managers
From Clearing House Department
Subject Performance Bond Requirement Changes - All commodities - 1/02/03
Effective Date 12/31/02
Notice Number 02-94

The Chicago Mercantile Exchange Inc. Performance Bond staff met to review price volatility for all commodities and approved the performance bond changes described below.  These changes will become effective at the close of business Thursday, January 02, 2003.

The staff recommendations are listed in the document below:

PB Requirements for all Commodities - 1/2/03

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