Performance Bond (Margin) Advisory Notices
To Clearing Member Firms; Chief Financial Officers; Back Office Manager; Margin Managers
From CME Clearing
Subject Performance Bond Requirements-Effective June 11, 2008
Notice Date 2008-06-10
Notice Number 08-120
Effective Date 2008-06-11
                                                                                                                                           
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 following products listed below. The rates will be effective with the launch of these products on Wednesday, June 11, 2008
 
 
SPAN ® MINIMUM PERFORMANCE BOND REQUIREMENTS
 
 
CME Security Futures Outright Rates
 
OneChicago Select Index Y (CME) (XOY)
 
Rate Type
 
Change
New
Initial
New
Maintenance
Clearing/Member Rate
N/A
8.00%
8.00%
Customer Rate
N/A
20.00%
20.00%
 
Please contact the Risk Management Department at 312-648-3888, if you have any questions regarding these Performance Bond Changes.