|
VOLUME 20 - BULLETIN #155
TO:
|
ALL CLEARING MEMBERS
|
FROM:
|
BUSINESS SYSTEMS GROUP
|
DATE:
|
May 17, 2000
|
SUBJECT:
|
Margin Updates
|
The Board of Trade Clearing Corporation has authorized the following margin changes effective with the mid-day margin calculation on Friday, May 19, 2000:
|
|
|
|
|
CBOT® Margin Rates
|
From
|
To
|
|
|
|
|
Corn
|
$400
|
$500
|
|
|
|
|
MACE/CBOT Inter-Commodity Spread Credits
|
|
|
|
|
|
Spread
|
Spread
|
|
|
|
Margin %
|
Savings %
|
U.S. Treasury Bonds vs. 10 Yr. Agency (1:1)
|
|
25%
|
75%
|
U.S. 10 Yr. Treasury Notes vs. 10 Yr. Agency (2:1)
|
|
20%
|
80%
|
U.S. 5 Yr. Treasury Notes vs. 10 Yr. Agency (3:1)
|
|
20%
|
80%
|
|
|
|
|
MACE Margin Rates
|
From
|
To
|
|
|
|
|
Corn
|
$80
|
$100
|
|
|
|
|
|
|
|
|
Should you have any questions, please call or e-mail one of the following Business Systems Analysts:
|
Print
This Page