• Performance Bond Requirement Changes -- Effective Tuesday, November 11th, 2008

      • To
      • Clearing Member Firms, Back Office Managers
      • From
      • CME Clearing
      • #
      • 08-336
      • Notice Date
      • 10 November 2008
      • Effective Date
      • 11 November 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 November 11th, 2008.

        --CME Index Futures Outright Rates
        --CME Index Futures Intra-Commodity Spread Rates
        --CME Index Futures Inter-Commodity Spread Rates
        --CBOT Stock Index Futures Outright Rates
        --CBOT Stock Index Futures Intra-Commodity Spread Rates
        --CBOT Stock Index Futures Inter-Commodity Spread Rates
        --CME Currency Futures Outright Rates
        --CME Currency Futures Intra-Commodity Spread Rates
        --CME Currency Futures Inter-Commodity Spread Rates
        --CME Agricultural Futures Intra-Commodity Spread Rates
        --CME Agricultural Futures Inter-Commodity Spread Rates
        --CME Forest Product Futures Intra-Commodity Spread Rates
        --CBOT Agricultural Futures Outright Rates
        --CBOT Agricultural Futures Intra-Commodity Spread Rates
        --CBOT Agricultural Futures Inter-Commodity Spread Rates
        --CBOT Metal Futures Outright Rates
        --CBOT Metal Futures Inter-Commodity Spread Rates
        --CBOT Energy Products Outright Rates
        --CBOT Energy Products Intra-Commodity Spread Rates

       

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