VOLUME 23 – BULLETIN #084
TO:
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ALL CLEARING MEMBERS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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May 5, 2003
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SUBJECT:
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New Acceptable Margin Collateral
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The Clearing Corporation has historically taken a leadership role in collateral management, accepting a wider array of securities than any other futures clearinghouse. To maintain this leadership role, effective May 6, 2003, the Clearing Corporation will accept the following new securities as acceptable margin collateral:
• Municipal Debt
• Corporate Debt and Commercial Paper
• Government-Sponsored Enterprise Debt – Floating Rate and Callable securities
For information on the haircut rates and limit parameters for these security types, please refer to the “Acceptable Securities and Haircut Rates” document posted on the Clearing Corporation’s website.
http://www.clearingcorp.com/clearingmembers/RiskMargin/BOTCCAcceptableCollateral.pdf
Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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