• Performance Bond Requirement Changes - Effective Tuesday, May 12th, 2009

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 09-197
      • Notice Date
      • 11 May 2009
      • Effective Date
      • 12 May 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 Tuesday, May 12th, 2009.
       
       
      CBOT Agricultural Futures Inter-Commodity Spread Rates
       
      The following spread ratios will be changing:
       
                              Spread                                     Old Ratio          New Ratio
      Corn (CBOT) (C)  vs. Ethanol (CBOT) (EH)          (1:2)                  (2:1)
       
      Rate Type
      Change
      Current
      New
      Spread Credit Rate
      New Ratio
      40.00%
      80.00%

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.