• Performance Bond Requirements: Change in Agricultural InterCommodity Spreads Margin and Ratio- Effective Monday, January 3, 2011

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 11-525
      • Notice Date
      • 31 December 2010
      • Effective Date
      • 03 January 2011
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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. Please note that the ration for the wheat vs. soybean inter-commodity spread is

      changing from 2:3 ro 3:2.

      The rates will be effective after the close of business on


      Monday, January 3, 2011.


      Current rates as of:


      Friday, December 31, 2010.


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