• Performance Bond Requirement Changes: Effective Monday, June 22, 2009

      • To
      • Clearing Member Firms and Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-260
      • Notice Date
      • 18 June 2009
      • Effective Date
      • 22 June 2009
    • To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to: http://www.cmegroup.com/newsletter/web2lead/web2sf-old.html and subscribe to the Performance Bond Rates Advisory Notices listserver.
       

      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 with the launch of these products on June 22nd, 2009.

       

      Rate changes are in effect for the following products:

       

      1. CME Security Futures Outright Rates
      2. CME Security Futures Intra-Commodity Spread Rates

       

      For the full text of this advisory, please click here.