• PB Requirement Changes--Effective August 17, 2009--LIBOR Futures

      • To
      • Clearing Member Firms, Back Office Managers, Chief Financial Officers, and Margin Managers
      • From
      • CME Clearing
      • #
      • 09-353
      • Notice Date
      • 14 August 2009
      • Effective Date
      • 17 August 2009

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


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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 Friday, August 14, 2009.
      Products Affected:
      • CME Interest Rate Futures Intra-Spread Rates (LIBOR Futures)