• June 2014 Eligible ETFs and Stocks

      • To
      • Clearing Member Firms; Chief Financial Officer; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-251
      • Notice Date
      • 23 June 2014
      • Effective Date
      • 23 June 2014
    • CME Clearing accepts a select number of shares of ETFs and equity stocks for customer and house segregated performance bond collateral for Base Guaranty Fund products. CME Clearing now accepts ETFs under its own asset type, ETF, in our C21 system. Both ETFs and stocks are category 3 assets and are capped in combination at $1 billion per clearing member firm. Please refer to the website http://www.cmegroup.com/clearing/financial-and-collateral-management/ for further details regarding acceptable collateral, haircuts, and limits.

      If you need further information about the ETF and Stock Programs, please contact the Financial Unit at (312) 207-2594 or the Risk Management Group at 312-648-3888.

      FOR THE FULL TEXT OF THE ADVISORY, CLICK HERE

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