• Performance Bond Requirements - Effective Tuesday, April 8, 2008

      • To
      • Clearing Member Firms;Chief Financial Officers;Back Office Managers;Margin Managers
      • From
      • CME Clearing
      • #
      • 08-68
      • Notice Date
      • 07 April 2008
      • Effective Date
      • 08 April 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. These margins are effective at the close of business on Tuesday, April 8, 2008.
       
      SPAN® MINIMUM PERFORMANCE BOND REQUIREMENTS
       
      CME Agricultural Futures Outright Rates
       
      Goldman Sachs Commodity Index (GI)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $8,100
      $5,400
      $10,500
      $7,000
      Hedge/Member
      Increase
      $5,400
      $5,400
      $7,000
      $7,000
       
      GSCI ER Futures (GA)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Special
      N/A
      100.00%
      100.00%
      100.00%
      100.00%
      Normal (Speculative)
      Increase
      $4,500
      $3,000
      $5,550
      $3,700
      Normal (Hedge/Member)
      Increase
      $3,000
      $3,000
      $3,700
      $3,700
       
       
       
       CBOT Agricultural Futures Outright Rates
       
      Dow Jones-AIG Commodity Index Excess Return (70)
       
      Rate Type
       
      Change
      Current
      Initial
      Current
      Maintenance
      New
      Initial
      New
      Maintenance
      Spec
      Increase
      $810
      $600
      $1,013
      $750
      Hedge/Member
      Increase
      $600
      $600
      $750
      $750
       
       
      Please contact the Risk Management Department at 312-648-3888, if you have any questions regarding these Performance Bond Changes.

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.