Performance Bond (Margin) Advisory Notices
To Clearing Member Firms, Chief Financial Officers, Back Office Managers, Margin Managers
From CME Clearing
Subject Performance Bond Requirement Changes-Effective Thursday, August 28th, 2008.
Notice Date 2008-08-27
Notice Number 08-444
Effective Date 2008-08-28
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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 are effective at the close of business on Thursday, August 28 th, 2008.