• Performance Bond Requirement Changes -NYMEX Petroleum Product Outrights- Effective Friday, October 23, 2009

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 09-458
      • Notice Date
      • 22 October 2009
      • Effective Date
      • 23 October 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 Notice 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 will be effective after the close of business on

       

      Friday, October 23, 2009.

       

      Current rates as of:

       

      Wednesday, October 21, 2009.

       

      NYMEX Petroleum Product Outrights

       

       

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