ChAdv09171 - CME Group

Performance Bond Requirement Changes -- Effective Friday, April 24th, 2009

- To
- Clearing Member Firms
- From
- CME Clearing
- #
- 09-171
- Notice Date
- 24 April 2009
- Effective Date
- 24 April 2009

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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, April 24^th, 2009.

CME Energy Futures Intra-Commodity Spread Rates

Light, Sweet Crude Oil Futures (CL) – Tier 1 vs. 4

Rate Type	Current	New	Effective May 1^st 2009
Non-Member Customer Initial Rate	$2,700	$2,025	$2,700
Member Customer Initial Rate	$2,200	$1,650	$2,200
Clearing Member/Maintenance Rate	$2,000	$1,500	$2,000

Light, Sweet Crude Oil Futures (CL) – Tier 2 vs. 4

Rate Type	Current	New	Effective May 1^st 2009
Non-Member Customer Initial Rate	$2,160	$1,620	$2,160
Member Customer Initial Rate	$1,760	$1,320	$1,760
Clearing Member/Maintenance Rate	$1,600	$1,200	$1,600

Light, Sweet Crude Oil Futures (CL) – Tier 4 vs. 4

Rate Type	Current	New	Effective May 1^st 2009
Non-Member Customer Initial Rate	$2,025	$1,519	$2,025
Member Customer Initial Rate	$1,650	$1,238	$1,650
Clearing Member/Maintenance Rate	$1,500	$1,125	$1,500

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Performance Bond Requirement Changes -- Effective Friday, April 24th, 2009