• Performance Bond Requirement Changes -- Effective Tuesday, October 28

      • To
      • Clearing Member Firms, Chief Financial Officers, Back Office Managers, Margin Managers
      • From
      • CME Clearing
      • #
      • 08-295
      • Notice Date
      • 27 October 2008
      • Effective Date
      • 28 October 2008
    • 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 from Tuesday, October 28, 2008 (close of business)

                       --Natural Gas Index Swap Contracts.


      Should you have any questions regarding these margin rates, please contact William Doherty at (212) 299-2925.


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