Collateral Fee Changes - Effective January 4, 2016

On January 4, 2016, the CME Inc. Clearing House (“CME Clearing”) will make the following change to its collateral fee for the below asset types when posting collateral to meet client and house performance bond requirements. 

CME will increase the current fee of 4 basis points (annualized) to 6 basis points (annualized) on the below asset types used to meet client and house performance bond requirements. For clearing members that are eligible* to participate in CME Clearing’s committed credit facility (directly or through an affiliate) and do so, CME will continue to charge a reduced fee of 1 basis point (annualized). For clearing members that are not eligible, and do not have any affiliates that are eligible to participate in CME Clearing’s committed credit facility, CME will continue to charge a reduced fee of 1 basis point (annualized).

For the full text of this advisory, click here.