• October 2014 Eligible ETFs and Stocks

      • To
      • Clearing Member Firms; Chief Financial Officers; Back Officer Managers
      • From
      • CME Clearing
      • #
      • 14-396
      • Notice Date
      • 07 October 2014
      • Effective Date
      • 07 October 2014
    •     CME Clearing accepts a select number of shares of ETFs and stocks for customer and house segregated performance bond collateral for Base Guaranty Fund products. Both ETFs and stocks are category 4 assets and are capped in total at $1 billion per clearing member firm. Please refer to the Standard Acceptable Collateral and Resources website for further details regarding acceptable collateral, haircuts, and limits.
          For ETF and stock acceptance criteria and a list of eligible ETFs and stocks, please see Standard Acceptable Collateral and Resources website. CME Clearing utilizes a tiering methodology based on average daily volume to determine the number of eligible shares per clearing member firm.

       

      14-396

      FOR THE FULL TEXT OF THE ADVISORY, CLICK HERE