Chadv10-148 - CME Group

Performance Bond Requirement Changes - NYMEX Margin Erosion Changes - Effective Friday, April 9, 2010
- - To
  - Clearing Member Firms; Back Office Managers
- - From
  - CME Clearing
- - #
  - 10-148
- - Notice Date
  - 08 April 2010
- - Effective Date
  - 09 April 2010
- 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.
  
  For the products listed below, the current month margin rates will now erode following a straight line method as shown below.
  
  New Method
  
  Price Scan * (Calendar Days Remaining/Total Calendar Days in the Month)
  
  The rates are effective at the close of business on Friday, April 9, 2010.
  
  For the full text of this advisory, please click here.

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