• Performance Bond Requirement Changes-Effective Monday, October 27, 2008

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 08-288
      • Notice Date
      • 23 October 2008
      • Effective Date
      • 27 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 at the close of business on Monday, October 27, 2008.
       
      MARGIN RATE CHANGES FOR THE CLEARPORT PETROLEUM RELATED SWAP FUTURES
       
       
      New Petroleum Swap Futures
      Commodity code
      European Jet Kero Rotterdam Calendar Swap
      UR
      Gasoil 0.1 Cargoes CIF NWE Swap
      TW
      Gasoil 10ppm Cargoes CIF NWE Swap
      TY
      Gasoil 0.1 Barges FOB Rdam v. ICE Gasoil Swap
      WQ
       
      Outright (Scan) Margins on UR, TW, TY and WQ
      Contract
      Clearing Member / Maintenance Margin
      Member Customer Initial Margin
      Non-Member Customer Initial Margin
       
      New
      Old
      New
      Old
      New
      Old
      UR
      $72,500
      $22,000
      $79,750
      $24,200
      $97,875
      $29,700
      TW
      $72,000
      $41,000
      $79,200
      $45,100
      $97,200
      $55,350
      TY
      $74,500
      $39,500
      $81,950
      $43,450
      $100,575
      $53,325
      WQ
      $7,500
      $6,000
      $8,250
      $6,600
      $10,125
      $8,100

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.