• Performance Bond Requirements - Coal, Agricultural, Electricity, Freight, Natural Gas and FX Outrights - Effective Friday, January 7, 2011

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 11-2
      • Notice Date
      • 06 January 2011
      • Effective Date
      • 07 January 2011
    • 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 Notice 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 will be effective after the close of business on Friday, January 07, 2011.
       
       
      Current rates as of:
      Thursday, January 06, 2011.
       
       
      TIER CHANGES FOR Nonfat Dry Milk Futures (NF)
      Note: The revisions are in bold.
       
      NF Tiers

      Tiers

      New

      Old

      1

      1st-2nd Nearby

      All Months

      2

      Greater than 2nd Nearby

       

        

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