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- Loraine Bryant
- 5 years ago
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1 11-96 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Thursday, March 17, 2011 To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to 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 listed below. The rates will be effective after the close of business on Friday, March 18, rates as of: Thursday, March 17, TIER CHANGES FOR JET CARGOES (PLATTS) CIF NWE VS. GASOIL FUTURES SWAP (NY-JC) and JET BARGES (PLATTS) FOB RDAM VS. GASOIL FUTURES SWAP (NY-JR) Note: The revisions are in bold. Tiers Old 1 1 st Nearby All Months 2 2 nd Nearby 3 Greater than 2 nd Nearby
2 CC Outright Rates Description ISO ELECTRICITY - Outright Rates AEP-DAYTON HUB DAILY (VD) VD VD Spec Decrease USD 22,000 20,000 6,600 6,000 Hedge/Member Decrease USD 20,000 20,000 6,000 6,000 ALBERTA POWER POOL CAL DAY SWP FUT (AOD) AOD AOD Spec Decrease CAD 2,750 2,500 2,475 2,250 Hedge/Member Decrease CAD 2,500 2,500 2,250 2,250 NEW YORK HUB ZONE G PEAK DAILY (GN) GN GN Spec Decrease USD 22,000 20,000 4,400 4,000 Hedge/Member Decrease USD 20,000 20,000 4,000 4,000 NEW YORK HUB ZONE J PEAK DAILY (JN) JN JN Spec Decrease USD 22,000 20,000 4,400 4,000 Hedge/Member Decrease USD 20,000 20,000 4,000 4,000 NORTHERN ILLINOIS HUB DAILY (UD) UD UD Spec Decrease USD 22,000 20,000 6,600 6,000 Hedge/Member Decrease USD 20,000 20,000 6,000 6,000 NYISO ZONE A LBMP SWAP FUTURE (AN) AN AN Spec Decrease USD 22,000 20,000 4,400 4,000 Hedge/Member Decrease USD 20,000 20,000 4,000 4,000 ONTARIO OFF-PK CALENDAR DAY SWP FUT (OFD) OFD OFD Spec Decrease CAD 2,750 2, Hedge/Member Decrease CAD 2,500 2, ONTARIO PEAK CAL-DAY SWP FUT (OPD) OPD OPD Spec Decrease CAD 44,000 40,000 13,200 12,000 Hedge/Member Decrease CAD 40,000 40,000 12,000 12,000 PJM DAILY (JD) JD JD Spec Decrease USD 22,000 20,000 6,600 6,000 Hedge/Member Decrease USD 20,000 20,000 6,000 6,000 Page 2 of 14
3 CC Outright Rates Description ISO CHICAGO ULSD PL VS HO SPR SWAP (5C) PETROLEUM CRACKS AND SPREADS - Outright Rates 5C 5C Spec Increase USD 1,100 1,000 1,925 1,750 Hedge/Member Increase USD 1,000 1,000 1,750 1,750 FAME0(ARG)BIO FOB ROTRD VS ICE GSOL (LE) LE LE Spec Increase USD 6,600 6,000 7,150 6,500 Hedge/Member Increase USD 6,000 6,000 6,500 6,500 FUELOIL SWAP:CARGOES VS.BARGES (FS) FS FS FS FS FS FS Spec Tier 1 Increase USD 8,250 7,500 11,550 10,500 Hedge/Member Tier 1 Increase USD 7,500 7,500 10,500 10,500 Spec Tier 2 Increase USD 8,250 7,500 11,550 10,500 Hedge/Member Tier 2 Increase USD 7,500 7,500 10,500 10,500 Spec Tier 3 Increase USD 6,050 5,500 9,350 8,500 Hedge/Member Tier 3 Increase USD 5,500 5,500 8,500 8,500 JET AVIA FUEL(PLTT) FOB V. ICE (1V) 1V 1V Spec Increase USD 8,800 8,000 12,100 11,000 Hedge/Member Increase USD 8,000 8,000 11,000 11,000 JET BARGES VS. ICE GASOIL SWAP (JR) JR JR JR JR JR JR Spec Tier 1 Increase USD 9,900 9,000 12,100 11,000 Hedge/Member Tier 1 Increase USD 9,000 9,000 11,000 11,000 Spec Tier 2 USD 12,100 11,000 Hedge/Member Tier 2 USD 11,000 11,000 Spec Tier 3 USD 7,700 7,000 Hedge/Member Tier 3 USD 7,000 7,000 JET CIF NWE VS ICE (JC) JC JC JC JC JC JC Spec Tier 1 Increase USD 9,900 9,000 12,100 11,000 Hedge/Member Tier 1 Increase USD 9,000 9,000 11,000 11,000 Spec Tier 2 USD 12,100 11,000 Hedge/Member Tier 2 USD 11,000 11,000 Spec Tier 3 USD 7,700 7,000 Hedge/Member Tier 3 USD 7,000 7,000 JET FUEL BRG FOB RDM V ICE BLM (9Q) 9Q 9Q Spec Increase USD 12,100 11,000 13,750 12,500 Hedge/Member Increase USD 11,000 11,000 12,500 12,500 JET FUEL CRG CIF NEW V ICE BLM (6X) 6X 6X Spec Increase USD 12,100 11,000 13,750 12,500 Hedge/Member Increase USD 11,000 11,000 12,500 12,500 Page 3 of 14
4 CC Outright Rates Description ISO MARS (ARGUS) V WTI SWAP (YX) YX YX Spec Increase USD 3,850 3,500 4,400 4,000 Hedge/Member Increase USD 3,500 3,500 4,000 4,000 MIN JET KERO BRGES FOB RDAM VS GSL (MJB) MJB MJB MJB MJB MJB MJB Spec Tier 1 Increase USD ,210 1,100 Hedge/Member Tier 1 Increase USD ,100 1,100 Spec Tier 2 USD 1,210 1,100 Hedge/Member Tier 2 USD 1,100 1,100 Spec Tier 3 USD Hedge/Member Tier 3 USD MIN JETKERO CRGOS CIF NWE VS GASOIL (MJC) MJC MJC MJC MJC MJC MJC Spec Tier 1 Increase USD ,210 1,100 Hedge/Member Tier 1 Increase USD ,100 1,100 Spec Tier 2 USD 1,210 1,100 Hedge/Member Tier 2 USD 1,100 1,100 Spec Tier 3 USD Hedge/Member Tier 3 USD NWE EUR FUEL OIL HGHLOW SULF BALMO (88) Spec Increase USD 9,350 8,500 13,200 12,000 Hedge/Member Increase USD 8,500 8,500 12,000 12,000 Spec Increase USD 9,350 8,500 13,200 12,000 Hedge/Member Increase USD 8,500 8,500 12,000 12,000 NY 1% FUEL OIL CRK SPRD BALMO (NFC) NFC NFC Spec Increase USD 2,970 2,700 4,950 4,500 Hedge/Member Increase USD 2,700 2,700 4,500 4,500 NY 1% FUEL OIL VS G.C. 3% FUEL OIL (NFG) NFG NFG Spec Increase USD 1,650 1,500 3,300 3,000 Hedge/Member Increase USD 1,500 1,500 3,000 3,000 NY HARBOR RESIDUAL FUEL CRACK SWAP (ML) ML ML Spec Increase USD 2,750 2,500 4,400 4,000 Hedge/Member Increase USD 2,500 2,500 4,000 4,000 NY1% V. GC3PREAD S (VR) VR VR Spec Increase USD 1,375 1,250 2,750 2,500 Hedge/Member Increase USD 1,250 1,250 2,500 2,500 Page 4 of 14
5 CC Intra Spreads Description ISO CRUDE OIL - Intra Spreads Dubai Crude Oil Calendar Swap - All Months (DUBAI CRUDE OIL CALENDAR SWAP) DC DC Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 1 vs Tier 2 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 1 vs Tier 2 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 1 vs Tier 3 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 1 vs Tier 3 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 1 vs Tier 4 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 1 vs Tier 4 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 2 vs Tier 2 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 2 vs Tier 2 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 2 vs Tier 3 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 2 vs Tier 3 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Page 5 of 14
6 CC Intra Spreads Description ISO Oman Crude Oil - Tier 2 vs Tier 4 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 2 vs Tier 4 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 3 vs Tier 3 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 3 vs Tier 3 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 3 vs Tier 4 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 3 vs Tier 4 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 4 vs Tier 4 (DME OMAN CRUDE OIL) Spec Increase USD Hedge/Member Increase USD Oman Crude Oil - Tier 4 vs Tier 4 (OMAN CRUDE FINANCIAL) Spec Increase USD Hedge/Member Increase USD Page 6 of 14
7 CC Intra Spreads Description ISO METALS - Intra Spreads Platinum - Tier 1 vs Tier 2 (MINY PLATINUM FUTURES NYMEX) PQ PQ Spec Increase USD Hedge/Member Increase USD Platinum - Tier 1 vs Tier 2 (PLATINUM FUTURES NYMEX) PL PL Spec Increase USD Hedge/Member Increase USD Platinum - Tier 2 vs Tier 2 (MINY PLATINUM FUTURES NYMEX) PQ PQ Spec Increase USD Hedge/Member Increase USD Platinum - Tier 2 vs Tier 2 (PLATINUM FUTURES NYMEX) PL PL Spec Increase USD Hedge/Member Increase USD U.S. Midwest Domestic Hot-Rolled Coil Steel - All Months (NYMEX HOT ROLLED STEEL FUTURES) HR HR Spec Increase USD Hedge/Member Increase USD Uranium - All Months (URANIUM FUTURES) UX UX Spec Increase USD Hedge/Member Increase USD Page 7 of 14
8 Inter-commodity Spread Rates Ratio COAL - Inter-commodity Spread Rates COAL (API 2) CIF ARA (ARGUS/MCCLOSKEY) SWAP FUTURESS (NY-MTF - CME) vs CENTRAL APPALACHIAN COAL FUTURES (NY-QL - CME) Spread Credit Rate Decrease +3:-2 50% 50% 40% 40% COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES (NY-MFF - CME) vs CENTRAL APPALACHIAN COAL FUTURES (NY-QL - CME) Spread Credit Rate Decrease +3:-2 50% 50% 35% 35% COAL (API 4) FOB RICHARDS BAY (ARGUS/MCCLOSKEY) SWAP FUTURES (NY-MFF - CME) vs COAL (API 2) CIF ARA (ARGUS/MCCLOSKEY) SWAP FUTURESS (NY-MTF - CME) Spread Credit Rate Increase +1:-1 65% 65% 70% 70% CRUDE OIL - Inter-commodity Spread Rates HEATING/CRUDE SPREAD COMBO (NY-HC - CME) vs LIGHT, SWEET CRUDE OIL FUTURES (NY-CL, CS, WS) vs HEATING OIL FINANCIAL FUTURES (NY-HO, BH, MP) Spread Credit Rate Decrease +1:+1:-1 98% 98% 95% 95% NY ULSD (PLATTS) CRACK SPREAD SWAP FUTURES (NY-YU - CME) vs NY ULSD (PLATTS) SWAP FUTURES (NY-YS - CME) vs LIGHT SWEET CRUDE OIL FUTURES (NY-CL, CS, WS) Spread Credit Rate Decrease +1:-1:+1 98% 98% 95% 95% NATURAL GAS - Inter-commodity Spread Rates CHICAGO CITY GATE SWING SWAP (NYM-SS - CME) vs EL PASO/PERMIAN SWING SWAP (NYM-SL - CME) Spread Credit Rate Decrease +1:-1 35% 35% 0% 0% CHICAGO CITY GATE SWING SWAP (NYM-SS - CME) vs HENRY HUB SWING SWAP (NYM-SN - CME) Spread Credit Rate Decrease +1:-1 35% 35% 0% 0% CHICAGO CITY GATE SWING SWAP (NYM-SS - CME) vs PANHANDLE SWING SWAP (NYM-SV - CME) Spread Credit Rate Decrease +1:-1 35% 35% 0% 0% CHICAGO CITY GATE SWING SWAP (NYM-SS - CME) vs WAHA SWING SWAP (NYM-SY - CME) Spread Credit Rate Decrease +1:-1 35% 35% 0% 0% HENRY HUB INDEX SWAP (PLATTS GAS DAILY/PLATTS IFER (NYM-IN - CME) vs HENRY HUB NATURAL GAS (NYM-NG, NN, HP) Spread Credit Rate Decrease +4:-1 25% 25% 0% 0% HENRY HUB NATURAL GAS (NYM-NG, NN, HP) vs CHICAGO BASIS SWAP (NGI) (NYM-NB - CME) vs CHICAGO CITY GATE PIPE SWAP (NYM-XO - CME) Spread Credit Rate Increase +1:+4:-4 70% 70% 95% 95% HOUSTON SHIP CHANNEL BASIS SWAP (PLATTS IFERC) FUTURES (NY-NH - CME) vs MICHCON BASIS SWAP (PLATTS IFERC) FUTURES (NY-NF - CME) Spread Credit Rate Decrease +1:-1 60% 60% 35% 35% HOUSTON SHIP CHANNEL SWING SWAP (NYM-SM - CME) vs CHICAGO CITY GATE SWING SWAP (NYM-SS - CME) Page 8 of 14
9 Inter-commodity Spread Rates SPAN MINIMUM PERFORMANCE BOND REQUIREMENTS Ratio Spread Credit Rate Decrease +1:-1 35% 35% 0% 0% KERN RIVER, WYOMING BASIS SWAP (PLATTS IFERC) (NYM-NV - CME) vs CIG ROCKY MOUNTAIN BASIS SWAP (PLATTS IFERC) (NYM-CI - CME) Spread Credit Rate Decrease +1:-1 65% 65% 55% 55% NATURAL GAS PIPELINE CO. OF AMERICA (NGPL) MID-CON (NYM-NL - CME) vs ANR OK BASIS SWAP (PLATTS IFERC) (NYM-NE - CME) Spread Credit Rate Decrease +1:-1 90% 90% 80% 80% NORTHWEST PIPELINE, ROCKIES BASIS SWAP (PLATTS IFE (NYM-NR - CME) vs KERN RIVER, WYOMING BASIS SWAP (PLATTS IFERC) (NYM-NV - CME Spread Credit Rate Decrease +1:-1 65% 65% 55% 55% PANHANDLE BASIS SWAP (PLATTS IFERC) (NYM-PH - CME) vs NATURAL GAS PIPELINE CO. OF AMERICA (NGPL) TEXOK B (NYM-PD - CME) Spread Credit Rate Decrease +1:-1 90% 90% 70% 70% PANHANDLE BASIS SWAP (PLATTS IFERC) (NYM-PH - CME) vs NORTHERN NATURAL GAS DEMARCATION BASIS SWAP (PLATT (NYM-PE - CME) Spread Credit Rate Decrease +1:-1 85% 85% 70% 70% PANHANDLE BASIS SWAP (PLATTS IFERC) (NYM-PH - CME) vs ONEOK OKLAHOMA NG BASIS (NYM-8X - CME) Spread Credit Rate Decrease +1:-1 90% 90% 80% 80% PANHANDLE BASIS SWAP (PLATTS IFERC) (NYM-PH - CME) vs VENTURA BASIS SWAP (PLATTS IFERC) (NYM-PF - CME) Spread Credit Rate Decrease +1:-1 80% 80% 70% 70% PANHANDLE BASIS SWAP (PLATTS IFERC) FUTURES (NY-PH - CME) vs MICHCON BASIS SWAP (PLATTS IFERC) FUTURES (NY-NF - CME) Spread Credit Rate Decrease +1:-1 60% 60% 50% 50% TETCO SOUTH TEXAS BASIS SWAP (PLATTS IFERC) (NYM-TX - CME) vs HOUSTON SHIP CHANNEL BASIS SWAP (PLATTS IFERC) (NYM-NH - CME) Spread Credit Rate Decrease +1:-1 55% 55% 35% 35% Page 9 of 14
10 Inter-commodity Spread Rates Ratio NGL/PETROCHEMICALS - Inter-commodity Spread Rates CONWAY NATURAL GASOLINE (OPIS) SWAP FUTURES (NY-8L - CME) vs CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) Spread Credit Rate Decrease +1:-1 60% 60% 40% 40% CONWAY NATURAL GASOLINE (OPIS) SWAP FUTURES (NY-8L - CME) vs CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) Spread Credit Rate Decrease +1:-1 60% 60% 40% 40% CONWAY NATURAL GASOLINE (OPIS) SWAP FUTURES (NY-8L - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 60% 60% CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Decrease +1:-1 75% 75% 45% 45% CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) vs CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) Spread Credit Rate Decrease +1:-1 60% 60% 35% 35% CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) vs MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 40% 40% CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 70% 70% 40% 40% CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) vs MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) Spread Credit Rate Decrease +1:-1 70% 70% 40% 40% CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 55% 55% CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) vs MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) FUTURES (NY-3M - CME) Spread Credit Rate +1:-1 40% 40% MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) vs EUROPEAN PROPANE CIF ARA (ARGUS) SWAP FUTURES (NY-PS - CME) Spread Credit Rate Decrease +12:-1 60% 60% 40% 40% MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 70% 70% 50% 50% MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 50% 50% Page 10 of 14
11 Inter-commodity Spread Rates SPAN MINIMUM PERFORMANCE BOND REQUIREMENTS Ratio MONT BELVIEU ETHYLENE FUTURES (NY-1F - CME) vs MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) Spread Credit Rate Decrease +5:-4 35% 35% 0% 0% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs CONWAY NATURAL GASOLINE (OPIS) SWAP FUTURES (NY-8L - CME) Spread Credit Rate Decrease +1:-1 70% 70% 50% 50% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) Spread Credit Rate Decrease +1:-1 70% 70% 30% 30% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) Spread Credit Rate Decrease +1:-1 80% 80% 60% 60% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs EUROPEAN PROPANE CIF ARA (ARGUS) SWAP FUTURES (NY-PS - CME) Spread Credit Rate Decrease +12:-1 70% 70% 35% 35% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 45% 45% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 70% 70% 50% 50% MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) vs MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) Spread Credit Rate Decrease +1:-1 70% 70% 50% 50% MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) vs ARGUS PROPANE FAR EAST INDEX SWAP FUTURES (NY-7E - CME) Spread Credit Rate Decrease +12:-1 60% 60% 45% 45% MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) vs CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) Spread Credit Rate Decrease +1:-1 70% 70% 40% 40% MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) vs EUROPEAN PROPANE CIF ARA (ARGUS) SWAP FUTURES (NY-PS - CME) Spread Credit Rate Decrease +12:-1 60% 60% 40% 40% MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) vs MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 40% 40% MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 70% 70% 50% 50% Page 11 of 14
12 Inter-commodity Spread Rates SPAN MINIMUM PERFORMANCE BOND REQUIREMENTS Ratio MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 60% 60% MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) vs EUROPEAN PROPANE CIF ARA (ARGUS) SWAP FUTURES (NY-PS - CME) Spread Credit Rate Decrease +12:-1 60% 60% 55% 55% MONT BELVIEU PHYSICAL ETHANE (OPIS) FUTURES (NY-3Q - CME) vs MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) Spread Credit Rate Decrease +1:-1 80% 80% 35% 35% MONT BELVIEU PHYSICAL ISO-BUTANE (OPIS) (NYM-3L - CME) vs MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) (NYM-3M - CME) Spread Credit Rate Decrease +1:-1 60% 60% 50% 50% MONT BELVIEU PHYSICAL ISO-BUTANE (OPIS) FUTURES (NY-3L - CME) vs MONT BELVIEU LDH PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-B0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 35% 35% MONT BELVIEU PHYSICAL LDH PROPANE (OPIS) FUTURES (NY-3N - CME) vs CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) Spread Credit Rate +1:-1 40% 40% MONT BELVIEU PHYSICAL LDH PROPANE (OPIS) FUTURES (NY-3N - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 80% 80% 50% 50% MONT BELVIEU PHYSICAL LDH PROPANE (OPIS) FUTURES (NY-3N - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Increase +1:-1 0% 0% 60% 60% MONT BELVIEU PHYSICAL NATURAL GASOLINE (OPIS) FUTURES (NY-3R - CME) vs MONT BELVIEU NATURAL GASOLINE (OPIS) BALMO SWAP FUTURES (NY-R0 - CME) Spread Credit Rate Decrease +1:-1 75% 75% 0% 0% MONT BELVIEU PHYSICAL NATURAL GASOLINE (OPIS) FUTURES (NY-3R - CME) vs MONT BELVIEU NORMAL BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-D0 - CME) Spread Credit Rate Increase +1:-1 0% 0% 50% 50% MONT BELVIEU PHYSICAL NON-LDH PROPANE (OPIS) FUTURES (NY-3P - CME) vs MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) Spread Credit Rate Decrease +1:-1 80% 80% 50% 50% MONT BELVIEU PHYSICAL NON-LDH PROPANE (OPIS) FUTURES (NY-3P - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 80% 80% 40% 40% MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) FUTURES (NY-3M - CME) vs CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) Spread Credit Rate Increase +1:-1 0% 0% 40% 40% Page 12 of 14
13 Inter-commodity Spread Rates SPAN MINIMUM PERFORMANCE BOND REQUIREMENTS Ratio MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) FUTURES (NY-3M - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate +1:-1 50% 50% MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) FUTURES (NY-3M - CME) vs MONT BELVIEU NORMAL BUTANE (OPIS) BALMO SWAP FUTURES (NY-8J - CME) Spread Credit Rate Decrease +1:-1 75% 75% 0% 0% MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) FUTURES (NY-3M - CME) vs MONT BELVIEU PHYSICAL NATURAL GASOLINE (OPIS) FUTURES (NY-3R - CME) Spread Credit Rate Decrease +1:-1 60% 60% 50% 50% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs CONWAY NATURAL GASOLINE (OPIS) SWAP FUTURES (NY-8L - CME) Spread Credit Rate Decrease +1:-1 70% 70% 45% 45% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs CONWAY NORMAL BUTANE (OPIS) SWAP FUTURES (NY-8M - CME) Spread Credit Rate Decrease +1:-1 70% 70% 35% 35% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs CONWAY PROPANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8K - CME) Spread Credit Rate Decrease +1:-1 70% 70% 55% 55% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs MONT BELVIEU ETHANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-C0 - CME) Spread Credit Rate Decrease +1:-1 70% 70% 45% 45% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs MONT BELVIEU ISO-BUTANE 5 DECIMALS (OPIS) SWAP FUTURES (NY-8I - CME) Spread Credit Rate Decrease +1:-1 70% 70% 45% 45% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs MONT BELVIEU NATURAL GASOLINE 5 DECIMALS (OPIS) SWAP FUTURES (NY-7Q - CME) Spread Credit Rate Decrease +1:-1 70% 70% 45% 45% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs MONT BELVIEU PHYSICAL LDH PROPANE (OPIS) FUTURES (NY-3N - CME) Spread Credit Rate Increase +1:-1 0% 0% 45% 45% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs MONT BELVIEU PHYSICAL NATURAL GASOLINE (OPIS) FUTURES (NY-3R - CME) Spread Credit Rate +1:-1 40% 40% PROPANE NON-LDH MONT BELVIEU (OPIS) SWAP FUTURES (NY-1R - CME) vs MONT BELVIEU PHYSICAL NORMAL BUTANE (OPIS) FUTURES (NY-3M - CME) Spread Credit Rate +1:-1 60% 60% Page 13 of 14
14 Inter-commodity Spread Rates Ratio PETROLEUM CRACKS AND SPREADS - Inter-commodity Spread Rates NY ULSD (PLATTS) CRACK SPREAD SWAP FUTURES (NY-YU - CME) vs NY ULSD (PLATTS) SWAP FUTURES (NY-YS - CME) vs LIGHT SWEET CRUDE OIL FUTURES (NY-CL, CS, WS) Spread Credit Rate Decrease +1:-1:+1 98% 98% 95% 95% REFINED PRODUCTS - Inter-commodity Spread Rates HEATING/CRUDE SPREAD COMBO (NY-HC - CME) vs LIGHT, SWEET CRUDE OIL FUTURES (NY-CL, CS, WS) vs HEATING OIL FINANCIAL FUTURES (NY-HO, BH, MP) Spread Credit Rate Decrease +1:+1:-1 98% 98% 95% 95% NY ULSD (PLATTS) CRACK SPREAD SWAP FUTURES (NY-YU - CME) vs NY ULSD (PLATTS) SWAP FUTURES (NY-YS - CME) vs LIGHT SWEET CRUDE OIL FUTURES (NY-CL, CS, WS) Spread Credit Rate Decrease +1:-1:+1 98% 98% 95% 95% Page 14 of 14
This change will apply to the following NYMEX and COMEX products. Additionally, the following SOM rates will apply:
10-480 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Monday, November 29, 2010 To receive advanced
TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers. CME Clearing FROM: SUBJECT:
10-415 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Thursday, September 30, 2010 To receive advanced
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14-348 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, September 04, 2014 To receive advanced
The rates will be effective after the close of business on Friday, December 17, 2010.
10-507 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Thursday, December 16, 2010 To receive advanced
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CH Advisory 15-439 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, December 17, 2015 To
TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing. Performance Bond Requirements
12-362 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, August 23, 2012 To receive advanced
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17-474 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, December 07, 2017 To receive advanced
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16-092 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, February 25, 2016 To receive advanced
TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing. Performance Bond Requirements
15-030 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, January 29, 2015 To receive advanced
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TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Friday, June 16, 2017 To receive advanced notification
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TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, October 11, 2018 To receive advanced notification
The rates will be effective after the close of business on Friday, March 09, 2012.
12-106 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Friday, March 09, 2012 To receive advanced
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CH-ADV-17-454 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Monday, November 27, 2017 To receive
TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing. Performance Bond Requirements
11-407 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Wednesday, November 09, 2011 To receive advanced
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15-103 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, April 09, 2015 To receive advanced
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16-052 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Wednesday, January 27, 2016 To receive advanced
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17-355 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements TE: Thursday, September 14, 2017 To receive advanced
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17-399 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, October 12, 2017 To receive advanced
The rates will be effective after the close of business on Saturday, January 22, 2011.
11-22 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Thursday, January 20, 2011 To receive advanced
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17-423 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, November 09, 2017 To receive advanced
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14-494 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Friday, December 19, 2014 To receive advanced
Special Executive Report
Special Executive Report DATE: May 20, 2015 SER#: 7368 SUBJECT: Listing of Additional Energy Futures Trading Months on CME Globex Within the Currently Established Trading Cycle Effective today, Wednesday,
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17-503 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Wednesday, December 20, 2017 To receive advanced
Special Executive Report
Special Executive Report S-5071 December 10, 2009 Administrative Amendments Pertaining to the Addition of Diminishing Balance Allocations and Deletion of Inadvertent Secondary Reporting Levels for Certain
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TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: C Clearing SUBJECT: CH Adv 15-221: Performance Bond Requirements DATE: Thursday, July 30, 2015 To receive advanced
Special Executive Report
Special Executive Report DATE: March 14, 2012 SER#: 6162 SUBJECT: Reduction of Minimum Price Fluctuation for Certain Natural Gas Products Effective Sunday, April 15, 2012, for trade date Monday, April
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ADV: TO: CH ADV 16-237 Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Monday, June 20, 2016 To receive
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18-071 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements TE: Thursday, February 15, 2018 To receive advanced
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18-431 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Tuesday, October 30, 2018 To receive advanced
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TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, February 09, 2017 To receive advanced notification
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14-007 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Wednesday, January 08, 2014 To receive advanced
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18-362 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Tuesday, September 11, 2018 To receive advanced
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TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, March 29, 2018 To receive advanced notification
Appendix A to SER-6427R
Chapter Product Titles Clearing Code 664 1% Fuel Oil Barges FOB Rdam (Platts) vs. 1% Fuel Oil (Platts) Cargoes FOB NWE (Platts) BALMO Swap Futures EBF 1194 1% Fuel Oil (Platts) Cargoes CIF MED (Platts)
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TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Wednesday, May 31, 2017 To receive advanced notification
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#17-511 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Thursday, December 21, 2017 To receive advanced
'New Day' For Jordan Cove LNG, Says Colorado Producer. U.S. natural gas prices rise as winter stocks look tight
S E P T E M B E R 2 8, 2 1 7 Prior Day s NYMEX Oct-17 Contract (CT) 3. 2.99 2.98 2.97 2.96 2.95 2.94 2.93 2.92 2.91 2.9 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17
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19-007 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Friday, January 04, 2019 To receive advanced
CMEG Exchange Volume Report - Monthly
Interest Rate Futures 30-YR BOND 6,648,412 5,165,847 28.7% 5,115,363 30.0% 6,648,412 5,165,847 28.7% 10-YR NOTE 32,939,146 28,552,463 15.4% 23,377,816 40.9% 32,939,146 28,552,463 15.4% 5-YR NOTE 18,302,408
CMEG Exchange Volume Report - Monthly
Interest Rate Futures 10-YR NOTE 31,980,532 28,177,174 13.5% 53,075,110-39.7% 230,838,289 190,325,491 21.3% 10-YR SWAP RATE 82,200 90,582-9.3% 22,333 268.1% 307,782 322,787-4.6% 1-MONTH EURODOLLAR 7,907
CME Group Exchange ADV Report - Monthly July 2018 Page 1 of 17
CME Group Exchange Report - Monthly July 2018 Page 1 of 17 FX Futures AD/CD CROSS RATES 0 7.85-99.4% 0.33-85.7% 0 4-91.4% AD/JY CROSS RATES 253 114.25 121.9% 236.05 7.4% 200 118 69.3% AD/NE CROSS RATES
Fee Summary Guide. Proprietary Trading Firms
Fee Summary Guide Proprietary Trading Firms Fees effective as of February 1, 2018 Fee Summary Guide As the world s leading and most diverse derivatives marketplace, CME Group is where the world comes to
NYMEX OTC Clearing. Presented at. North American Energy Standards Board ANNUAL MEETING September 25, 2002 HUNT VALLEY,MD
NYMEX OTC Clearing Presented at North American Energy Standards Board ANNUAL MEETING September 25, 2002 HUNT VALLEY,MD 2002 NEW YORK MERCANTILE EXCHANGE, INC. Energy Market Developments Enron Collapse
BP's oil output drops 5% on year in Q1, offset by natural gas surge Natural gas liquids pipeline approved for northwest N.D.
Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 14: Prior Day s NYMEX May-18 Contract (CT) 2.78 2.77 2.76 2.74 2.73 2.72
SECTION TTT PART II C: DIFFERENTIALS CRUDE OIL AND REFINED PRODUCTS PART II: SPECIFIC STANDARD TERMS FOR SWAP FUTURES CONTRACTS:
SECTION TTT PART II C: DIFFERENTIALS CRUDE OIL AND REFINED TTT PART II: SPECIFIC STANDARD TERMS FOR SWAP FUTURES CONTRACTS: C. DIFFERENTIALS - CRUDE OIL AND REFINED 4. Daily CFD - Brent CFD vs First Month
Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers TO: FROM: CME Clearing SUBJECT:
16-247 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements DATE: Friday, June 24, 2016 To receive advanced
ICE Futures U.S., Inc. U.S. NATURAL GAS, POWER, ENVIRONMENTAL, AND LIQUEFIED NATURAL GAS FUTURES AND OPTIONS CONTRACTS
ICE s U.S., Inc. U.S. NATURAL GAS, POWER, ENVIRONMENTAL, AND LIQUEFIED NATURAL GAS FUTURES AND OPTIONS CONTRACTS Rule TABLE OF CONTENTS 18.00 Scope 18.01 Definitions 18.02 Obligations of Option Purchasers
NYMEX December gas settles at $2.928/MMBtu on changing
Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 14: N O V E M B E R 2 8, 2 1 7 Prior Day s NYMEX Dec-17 Contract (CT) 2.95
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NYMEX and Margining Closely Related Physically-Delivered and Financially-Settled products in SPAN. Table of Contents. Introduction...
TO: FROM: Clearing Member Firms CME Clearing SPAN ADVISORY#: 09-01 DATE: Friday, May 1 st, 2009 SUBJECT: NYMEX and Margining Closely Related Physically-Delivered and Financially-Settled products in SPAN
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10-241 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Friday, June 04, 2010 To receive advanced
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ICE OTC ICE Clear Europe Limited June 2011 OTC and Clearing Fees (Per side per lot) Crude Oil & Refined Products Brent 1st Line Swap BSP $2.50 $1.25 $1.25 $1.34 Brent 1st Line Balmo Swap BSQ $2.50 $1.25
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Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 14: 3.4 3.3 3.2 3.1 2.99 2.98 2.97 2.96 2.95 Prior Day s NYMEX NOV-18 Contract
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Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 14: 3.15 3.1 3.5 3. 2.95 2.9 Prior Day s NYMEX Oct-18 Contract (CT) NYMEX
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09-267 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Monday, June 22, 2009 To receive advanced
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