• Revised: Performance Bond Requirement Changes - NYMEX Initial to Maintenance Ratios Effective Thursday, April 8, 2010

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 10-146
      • Notice Date
      • 07 April 2010
      • Effective Date
      • 08 April 2010
    •  
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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 are effective at the close of business on Thursday, April 8, 2010.

       

      The Maintenance to Initial Ratio on all of the following products will be changing:

       
      Old Ratio – 1:1.35
       
      New Ratio – 1:1.1

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