• Performance Bond Requirements-Effective August 25, 2009-CME Energy Futures Intra Spread Rates

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 09-372
      • Notice Date
      • 26 August 2009
      • Effective Date
      • 27 August 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 became effective on Tuesday, August 25, 2009.

       

      CME Energy Futures Intra Spread Rates

       
      MACI Index Futures Contract (XC)
       
       
       
      Rate Type
      Change
      Current
      New
      Non-Member Customer Initial Rate
      Decrease
      $1,863
      $1,661
      Clearing Member/Hedger/Member Initial & Maintenance Rate
      Decrease
      $1,380
      $1,230