• Performance Bond Requirements-Effective Thursday, September 3, 2009-Initial Ration Changes to CME Energy Products

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 09-382
      • Notice Date
      • 02 September 2009
      • Effective Date
      • 03 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 rates are effective at the close of business on Thursday, Sept 3, 2009.

      The Maintenance to Initial Ratio on all CME Energy products will be changing.

      For the full text of this advisory...