• Performance Bond Requirement Changes -- Effective Wednesday, October 22nd, 2008

      • To
      • Clearing Member Firms, Chief Financial Officers, Back Office Managers, Margin Managers
      • From
      • CME Clearing
      • #
      • 08-286
      • Notice Date
      • 21 October 2008
      • Effective Date
      • 22 October 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 with the launch of the products Wednesday, October 22nd, 2008.

         --- CME Security Futures Outright Rates
         --- CME Security Futures Intra-Commodity Spread Rates


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