• Performance Bond Requirement Changes - Effective Tuesday, September 22, 2009

      • To
      • Clearing Member Firms; Chief Financial Officers, Back Office Managers, Margin Managers
      • From
      • CME Clearing
      • #
      • 09-405
      • Notice Date
      • 21 September 2009
      • Effective Date
      • 22 September 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 changes are effective at the close of business on Tuesday, Sep 22nd, 2009.
       
      TIER CHANGES FOR CRUDE OIL FUTURES CONTRACT (CL), FINANCIAL CRUDE OIL CONTRACT (WS), CRUDE OIL CALENDAR SWAP (CS), NYMEX miNY CRUDE OIL CONTRACT (QM), and NYMEX Crude Oil Minute-Marker Future (6C)
       
      Note: The revisions are in bold.

       

      CL/WS/CS/6C Tiers
      Tiers
      New
      Old
      1
      1st Nearby
      1st Nearby
      2
      2nd – 4th Nearby
      2nd - 3rd Nearby
      3
      5th – 14th Nearby
      4th – 15th Nearby
      4
      15th – 26th Nearby
      16th – 27th Nearby
      5
      27th – 50th Nearby
      28th – 51st Nearby
      6
      Greater than the 50th Nearby
      Greater than the 51st Nearby

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.