• Performance Bond Requirement Changes -- Effective Monday, March 2nd, 2009

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 09-77
      • Notice Date
      • 27 February 2009
      • Effective Date
      • 02 March 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 Monday, March 2nd, 2009.


      --NEW YORK HARBOR GASOLINE BLENDSTOCK FUTURES CONTRACT (RB)
      --RBOB GASOLINE – FINANCIAL CONTRACT (RT)
      --RBOB CALENDAR SWAP (RL)
      --NYMEX RBOB miNY GASOLINE CONTRACT (QU)

       

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