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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.
These margins are effective close of business on
Thursday, February 14, 2008.
SPAN
® MINIMUM PERFORMANCE BOND REQUIREMENTS
CME Currency Intra-Commodity Spread Rates
Russian Ruble (RU)
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Rate Type
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Change
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Current
Initial
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Current
Maintenance
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New
Initial
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New
Maintenance
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|
Spec
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Decrease
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$3,000
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$2,000
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$1,125
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$750
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Hedge/Member
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Decrease
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$2,000
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$2,000
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$750
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$750
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CBOT Agricultural Futures Inter-Commodity Spread Rates
Wheat (KCBOT) (KW) vs. Wheat (CBOT) (W) (1:1)
|
Rate Type
|
Change
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Current
Initial
|
Current
Maintenance
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New
Initial
|
New
Maintenance
|
|
Spread Credit Rate
|
Decrease
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70.00%
|
70.00%
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50.00%
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50.00%
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Please contact the Risk Management Department at 312-648-3888, if you have any
questions regarding these Performance Bond Changes.
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