• Performance Bond Requirement Changes - NYMEX Spot Month Charges - Effective Friday, October 23, 2009

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 09-459
      • Notice Date
      • 22 October 2009
      • Effective Date
      • 23 October 2009
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      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:

       

      Thursday, October 22, 2009.

       

      NYMEX Spot Month Charges      

      Spot Month Charge Reduction:

      The following spot month charges will be reduced accordingly:

      Combined Commodity

      Current Spot Charge

      New Spot Charge

      NYM-CL

      $3,000

      $0

      NYM-HO

      $3,000

      $0

      NYM-HZ

      $3,000

      $0

      NYM-LH

      $3,000

      $0

      NYM-LR

      $3,000

      $0

      NYM-LR

      $3,000

      $0

      NYM-LU

      $3,000

      $0

      NYM-NG

      $3,000

      $0

      NYM-OQ

      $3,000

      $0

      NYM-P1

      $3,000

      $0

      NYM-P6

      $3,000

      $0

      NYM-QE

      $3,000

      $0

      NYM-QL

      $3,000

      $0

      NYM-RB

      $3,000

      $0