• Performance Bond Requirement Changes -- Effective Friday, October 24

      • To
      • Clearing Member Firms, Back Office Managers
      • From
      • CME Clearing
      • #
      • 08-290
      • Notice Date
      • 23 October 2008
      • Effective Date
      • 24 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 Friday, October 24th, 2008.

        --CBOT Interest Rate Futures Outright Rates
        --CME Currency Futures Outright Rates
        

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