• Performance Bond Requirement Changes -- Effective Wednesday, September 24, 2008

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 08-238
      • Notice Date
      • 23 September 2008
      • Effective Date
      • 24 September 2008
    • 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 product listed below.  These margins will become effective at the close of business on Wednesday, September 24, 2008.

      --CME Currency Futures Outright Rates
      --FXMS Currency Spot Outright Rates
      --CME Agricultural Futures Outright Rates

       

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