• Performance Bond Requirements: Refined Products Outrights and Intra-Commodity Spread Charges- Effective Wednesday, July 16, 2014

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Office Managers; Margin Managers
      • From
      • CME Clearing
      • #
      • 14-283
      • Notice Date
      • 15 July 2014
      • Effective Date
      • 16 July 2014
    • 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 contained in the link attached.

      The rates will be effective after the close of business on

      Wednesday, July 16, 2014.

      Current rates as of:

      Tuesday, July 15, 2014.

      For the full description of the margin changes, please click here.