• Performance Bond Requirements: Eris Outright, Inter-Commodity, and Intra Commodity Spreads - Effective Monday, June 3, 2013

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 13-255
      • Notice Date
      • 31 May 2013
      • Effective Date
      • 03 June 2013
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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 will be effective after the close of business on

      Monday, June 03, 2013.

      Current rates as of:

      Friday, May 31, 2013.


      This advisory contains the amended list of margin rates that will change as a direct result of the Notional value reduction of Eris Flex and Standard Products from $1,000,000 to 100,000.

      Inter-commodity spread credit ratios have been reduced by a factor of 10 on non-Eris legs.

      Please see advisory notice # 13-246 for more details.




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