• Performance Bond Requirement Changes - Effective: April 1, 2009

      • To
      • Clearing Member Firms, Chief Financial Officers, Back Office Manager, Margin Managers
      • From
      • CME Clearing
      • #
      • 09-134
      • Notice Date
      • 31 March 2009
      • Effective Date
      • 01 April 2009
    • 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 Wednesday, April 1st, 2009.
       
       
      TIER CHANGES FOR NEW YORK HARBOR GASOLINE BLENDSTOCK FUTURES CONTRACT (RB), RBOB GASOLINE – FINANCIAL CONTRACT (RT), RBOB CALENDAR SWAP (RL) AND NYMEX RBOB miNY GASOLINE CONTRACT (QU)
       
      Note: The revised margins are in bold.
       
       
       
       
      RB/RL/RT/QU Intra-Commodity Spread and Scan Tiers
      Tiers
      New
      Old
      1
      1st Nearby
      1st Nearby
      2
      2nd Nearby
      2nd Nearby
      3
      3rd - 6th Nearby
      3rd - 7th Nearby
      4
      Greater than the 6th Nearby
      Greater than the 7th Nearby
       
       
       
       
      NYMEX Division Intra-Commodity Spread Margins on New York Harbor Gasoline Blendstock (RBOB) Futures Contract (RB), RBOB Gasoline - Financial Contract(RT) and RBOB Calendar Swap (RL)
      Tiers
      Clearing Member / Maintenance Margin
      Member Customer Initial Margin
      Non-Member Customer Initial Margin
       
      New
      Old
      New
      Old
      New
      Old
      1
      $250
      $200
      $275
      $220
      $338
      $270
      2
      $250
      $200
      $275
      $220
      $338
      $270
      3
      $200
      $150
      $220
      $160
      $270
      $203
      4
      $250
      $200
      $275
      $220
      $338
      $270
       
       
      NYMEX Division Intra-Commodity Spread Margins on NYMEX miNY™Gasoline Futures (QU)
      Tiers
      Clearing Member / Maintenance Margin
      Member Customer Initial Margin
      Non-Member Customer Initial Margin
       
      New
      Old
      New
      Old
      New
      Old
      1
      $125
      $100
      $138
      $110
      $169
      $135
      2
      $125
      $100
      $138
      $110
      $169
      $135
      3
      $100
      $75
      $110
      $83
      $135
      $135
      4
      $125
      $100
      $138
      $110
      $169
      $135
       

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.