CME initiates margins on energy option products

By Reuters
Posted Dec. 3, 2010 at 3:37 p.m.

The CME Group said on Friday it initiated performance bond requirements, sometimes known as margin requirements, for new options products traded in crude oil, electricity and natural gas liquids, effective Dec. 4.

“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,” CME said in a notice to its clearing member firms.

Read more about the topics in this post: ,
 

Companies in this article

CME Group

Read more about this company »

Comments are closed.