• Performance Bond Requirement Changes - Effective Thursday, January 23, 2009

      • To
      • Clearing Member Firms;Chief Financial Officers;Back Office Managers;Margin Managers
      • From
      • CME Clearing
      • #
      • 09-31
      • Notice Date
      • 22 January 2009
      • Effective Date
      • 23 January 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 Friday, January 23rd, 2009.
       
      MARGIN RATE CHANGES FOR PJM Western Hub LMP Off–Peak Monthly (JP)
       
       
       Note: The revised margins are in bold
       
       
      NYMEX Division Outright (Scan) Margins on PJM Western Hub LMP Off-Peak Monthly (JP)
      Tiers
      Clearing Member / Maintenance Margin
      Member Customer Initial Margin
      Non-Member Customer Initial Margin
       
      New
      Old
      New
      Old
      New
      Old
      Tier 1
      $4,000
      $3,000
      $4,400
      $3,300
      $5,400
      $4,050
      Tier 2
      $3,500
      $2,000
      $3,850
      $2,200
      $4,725
      $2,700
      Tier 3
      $2,000
      $1,500
      $2,200
      $1,650
      $2,700
      $2,025
      Tier 4
      $2,000
      $1,000
      $2,200
      $1,100
      $2,700
      $1,350
       
       
       

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.