• Performance Bond Requirement Changes - Effective Friday, October 10, 2008

      • To
      • Clearing Member Firms;Chief Financial Officers;Back Office Managers;Margin Managers
      • From
      • CME Clearing
      • #
      • 08-273
      • Notice Date
      • 09 October 2008
      • Effective Date
      • 10 October 2008
    • 08 - 273
       
       
       
       
      TO:                 Clearing Member Firms
                             Chief Financial Officers
                              Back Office Managers
                              Margin Managers
       
      FROM:            CME Clearing
       
      SUBJECT:      Performance Bond Requirement Changes.
       
      DATE:             Thursday, October 9th, 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 following products listed below. The rates are effective after the close of business Friday, October 10th, 2008.
       
      CME Currency Futures Outright Rates
       
      Australian Dollar (AD)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $4,320
      $3,200
      $5,400
      $4,000
      Hedge/Member
      Increase
      $3,200
      $3,200
      $4,000
      $4,000
       
      New Zealand Dollar (NE)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $2,160
      $1,600
      $2,700
      $2,000
      Hedge/Member
      Increase
      $1,600
      $1,600
      $2,000
      $2,000
       
       
       
       
       
       
       
       
       
       
       
       
       
      FXMS Currency Spot Outright Rates
       
      Australian Dollar Spot (AUDUS)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $4,320
      $3,200
      $5,400
      $4,000
      Hedge/Member
      Increase
      $3,200
      $3,200
      $4,000
      $4,000
       
       
       
      New Zealand Dollar Spot (NZDUS)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $2,160
      $1,600
      $2,700
      $2,000
      Hedge/Member
      Increase
      $1,600
      $1,600
      $2,000
      $2,000
       
       
       

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.