• Performance Bond Requirement Changes: Effective Friday, July 10, 2009

      • To
      • Clearing Member Firms and Back Office Managers
      • From
      • CME Clearing
      • #
      • 09-296
      • Notice Date
      • 10 July 2009
      • Effective Date
      • 10 July 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 at the close of business on Friday, July 10, 2009.


      Products affected are:


      ·         CME Energy Futures Outright Rates


      ·         CME Energy Futures Intra Spread Rates


      ·         CME Energy Futures Inter Spread Rates


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