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Robert Kennedy
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1 TO: learing Member Firms hief Financial Officers Back Office Managers Margin Managers FROM: ME learing UBJET: Performance Bond Requirements DATE: Tuesday, June 30, 2015 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 hicago Mercantile Exchange Inc., learing 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 Wednesday, July 01, rates as of: Tuesday, June 30, In this current advisory there are changes to the hort Option Minimum and/or the Volatility can Range. Below are descriptions of what each change affects: The hort Option Minimum (OM) is a charge that is applied only to portfolios concentrated in short options that do not generate a minimum margin requirement level when margins are calculated using the normal 16 PAN scenarios. The OM charge per short calls or short puts is a percentage of the outright margin on one underlying futures contract. The volatility scan range is the change in implied volatility that is used in each of PAN s 16 scenarios. The following products below have changes to the splitting methodology applied, as specified within this Advisory: GX - European Low ulphur Gasoil Financial Futures GZ - European Low ulphur Gasoil Brent rack pread Futures Please refer to Advisory # for more detail regarding the Modified plit methodology.

2 PAN MINIMUM PERFORMANE BOND REQUIREMENT Outright Rates hange IO AGRIULTURE - Outright Rates HIAGO RW WHEAT TA FUTURE (ZWT) ZWT ZWT pec All Months Increase UD 1,650 1,500 1,925 1,750 Hedge/Member All Months Increase UD 1,500 1,500 1,750 1,750 ORN FUTURE () pec All Months Increase UD 1,100 1,000 1,375 1,250 Hedge/Member All Months Increase UD 1,000 1,000 1,250 1,250 ORN TA FUTURE (ZT) ZT ZT pec All Months Increase UD 1,100 1,000 1,375 1,250 Hedge/Member All Months Increase UD 1,000 1,000 1,250 1,250 K HRW WHEAT FUTURE (KW) KW KW pec All Months Increase UD 1,650 1,500 1,925 1,750 Hedge/Member All Months Increase UD 1,500 1,500 1,750 1,750 K HRW WHEAT TA FUTURE (KET) KET KET pec All Months Increase UD 1,650 1,500 1,925 1,750 Hedge/Member All Months Increase UD 1,500 1,500 1,750 1,750 MINI-IZED ORN FUTURE (Y) Y Y pec All Months Increase UD Hedge/Member All Months Increase UD MINI-IZED K HRW WHEAT FUTURE (MK) MK MK pec All Months Increase UD Hedge/Member All Months Increase UD MINI-IZED OYBEAN FUTURE () pec All Months Increase UD Hedge/Member All Months Increase UD MINI-IZED WHEAT FUTURE (YW) YW YW pec All Months Increase UD Hedge/Member All Months Increase UD OYBEAN FUTURE () pec All Months Increase UD 2,200 2,000 2,530 2,300 Hedge/Member All Months Increase UD 2,000 2,000 2,300 2,300 OYBEAN MEAL FUTURE (06) pec Old rop Increase UD 2,090 1,900 2,420 2,200 Hedge/Member Old rop Increase UD 1,900 1,900 2,200 2,200 pec rop Increase UD 2,090 1,900 2,420 2,200 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 2 of 15

3 PAN MINIMUM PERFORMANE BOND REQUIREMENT Outright Rates hange IO 06 Hedge/Member rop Increase UD 1,900 1,900 2,200 2,200 OYBEAN MEAL TA FUTURE (ZMT) ZMT ZMT ZMT ZMT pec Old rop Increase UD 2,090 1,900 2,420 2,200 Hedge/Member Old rop Increase UD 1,900 1,900 2,200 2,200 pec rop Increase UD 2,090 1,900 2,420 2,200 Hedge/Member rop Increase UD 1,900 1,900 2,200 2,200 OYBEAN TA FUTURE (BT) BT BT pec All Months Increase UD 2,200 2,000 2,530 2,300 Hedge/Member All Months Increase UD 2,000 2,000 2,300 2,300 WHEAT FUTURE (W) W W pec All Months Increase UD 1,650 1,500 1,925 1,750 Hedge/Member All Months Increase UD 1,500 1,500 1,750 1,750 E-MINI NIKKEI 225 YEN DENOMINATED (ENY) EQUITY INDEX - Outright Rates ENY ENY pec Increase JPY 70,400 64,000 77,000 70,000 Hedge/Member Increase JPY 64,000 64,000 70,000 70,000 NIKKEI 225 DOLLAR FUTURE (NK) NK NK pec Increase UD 3,520 3,200 3,850 3,500 Hedge/Member Increase UD 3,200 3,200 3,500 3,500 NIKKEI 225 YEN FUT (N1) N1 N1 pec Increase JPY 352, , , ,000 Hedge/Member Increase JPY 320, , , ,000 UD-DENOMINATED IBOVEPA INDEX (IBV) IBV IBV pec Decrease UD 10,819 9,835 10,230 9,300 Hedge/Member Decrease UD 9,835 9,835 9,300 9,300 FX - Outright Rates E-MIRO EUR/UD FUTURE (M6E) M6E M6E pec Increase UD Hedge/Member Increase UD E-MINI EURO FX FUTURE (E7) E7 E7 pec Increase UD 1,815 1,650 1,953 1,775 Hedge/Member Increase UD 1,650 1,650 1,775 1,775 EURO FUTURE (E) E E pec Increase UD 3,630 3,300 3,905 3,550 Hedge/Member Increase UD 3,300 3,300 3,550 3,550 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 3 of 15

4 PAN MINIMUM PERFORMANE BOND REQUIREMENT Outright Rates hange IO LONG TERM U.. TREAURY BOND FUTURE (UBE) INTERET RATE - Outright Rates UBE UBE pec Increase UD 4,180 3,800 4,510 4,100 Hedge/Member Increase UD 3,800 3,800 4,100 4,100 INGAPORE FUEL OIL PREAD FUT (D) PETROLEUM RAK AND PREAD - Outright Rates D D pec Mnths 2-4 Increase UD 2,178 1,980 2,420 2,200 Hedge/Member Mnths 2-4 Increase UD 1,980 1,980 2,200 2,200 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 4 of 15

5 PAN MINIMUM PERFORMANE BOND REQUIREMENT Outright Rates hange IO REFINED PRODUT - Outright Rates EUROPEAN GAOIL IE FUTURE (7F) 7F 7F 7F 7F 7F 7F pec Mnths 2-6 Decrease UD 2,860 2,600 2,695 2,450 Hedge/Member Mnths 2-6 Decrease UD 2,600 2,600 2,450 2,450 pec Mnths 7-11 Decrease UD 2,860 2,600 2,640 2,400 Hedge/Member Mnths 7-11 Decrease UD 2,600 2,600 2,400 2,400 pec Mnths 12+ Decrease UD 2,860 2,600 2,640 2,400 Hedge/Member Mnths 12+ Decrease UD 2,600 2,600 2,400 2,400 EUROPEAN GAOIL IE TA FUTURE (7FT) 7FT 7FT 7FT 7FT 7FT 7FT pec Mnths 2-6 Decrease UD 2,860 2,600 2,695 2,450 Hedge/Member Mnths 2-6 Decrease UD 2,600 2,600 2,450 2,450 pec Mnths 7-11 Decrease UD 2,860 2,600 2,640 2,400 Hedge/Member Mnths 7-11 Decrease UD 2,600 2,600 2,400 2,400 pec Mnths 12+ Decrease UD 2,860 2,600 2,640 2,400 Hedge/Member Mnths 12+ Decrease UD 2,600 2,600 2,400 2,400 GAOIL BULLET FUT (BG) BG BG BG BG BG BG pec Mnths 2-6 Decrease UD 28,600 26,000 26,950 24,500 Hedge/Member Mnths 2-6 Decrease UD 26,000 26,000 24,500 24,500 pec Mnths 7-11 Decrease UD 28,600 26,000 26,400 24,000 Hedge/Member Mnths 7-11 Decrease UD 26,000 26,000 24,000 24,000 pec Mnths 12+ Decrease UD 28,600 26,000 26,400 24,000 Hedge/Member Mnths 12+ Decrease UD 26,000 26,000 24,000 24,000 GAOIL ALENDAR FUT (GX) GX GX pec Mnths 2-6 Decrease UD 28,600 26,000 26,950 24,500 Hedge/Member Mnths 2-6 Decrease UD 26,000 26,000 24,500 24,500 GAOIL MINI ALENDAR FUT (QA) QA QA pec Mnths 2-6 Decrease UD 2,860 2,600 2,695 2,450 Hedge/Member Mnths 2-6 Decrease UD 2,600 2,600 2,450 2,450 YNTHETI GAOIL BULLET FUT (BG) BG BG BG BG BG BG pec Mnths 2-6 Decrease UD 28,600 26,000 26,950 24,500 Hedge/Member Mnths 2-6 Decrease UD 26,000 26,000 24,500 24,500 pec Mnths 7-11 Decrease UD 28,600 26,000 26,400 24,000 Hedge/Member Mnths 7-11 Decrease UD 26,000 26,000 24,000 24,000 pec Mnths 12+ Decrease UD 28,600 26,000 26,400 24,000 Hedge/Member Mnths 12+ Decrease UD 26,000 26,000 24,000 24,000 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 5 of 15

6 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 6 of 15

7 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO AGRIULTURE - Intra preads Bean pread: Nov 15 vs Jul 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs Jul 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs Jul 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: Aug 15 vs Jul 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Aug 15 vs Jul 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Aug 15 vs Jul 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: Jan 16 vs Jul 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Jan 16 vs Jul 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Jan 16 vs Jul 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: Mar 16 vs Jul 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Mar 16 vs Jul 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD /30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 7 of 15

8 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO Bean pread: Mar 16 vs Jul 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: Mar 16 vs May 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Mar 16 vs May 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Mar 16 vs May 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs Aug 15 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs Aug 15 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs Aug 15 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs Jan 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs Jan 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs Jan 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs ep 15 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD /30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 8 of 15

9 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO Bean pread: May 16 vs ep 15 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: May 16 vs ep 15 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs Mar 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs Mar 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs Mar 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs May 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs May 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: Nov 15 vs May 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD Bean pread: ep 15 vs Jul 16 (MINI-IZED OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: ep 15 vs Jul 16 (OYBEAN FUTURE) pec Increase UD Hedge/Member Increase UD Bean pread: ep 15 vs Jul 16 (OYBEAN TA FUTURE) BT BT pec Increase UD Hedge/Member Increase UD /30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 9 of 15

10 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO orn pread: Jul 16 vs Dec 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: Jul 16 vs Dec 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: Jul 16 vs Dec 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: All Unspecified preads (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: All Unspecified preads (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: All Unspecified preads (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: Dec 15 vs Dec 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: Dec 15 vs Dec 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: Dec 15 vs Dec 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: Mar 16 vs Dec 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: Mar 16 vs Dec 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD /30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 10 of 15

11 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO orn pread: Mar 16 vs Dec 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: May 16 vs Dec 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: May 16 vs Dec 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: May 16 vs Dec 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: ep 15 vs Dec 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: ep 15 vs Dec 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: ep 15 vs Dec 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: ep 15 vs Jul 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: ep 15 vs Jul 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: ep 15 vs Jul 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs Dec 15 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD /30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 11 of 15

12 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO orn pread: ep 16 vs Dec 15 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs Dec 15 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs Mar 16 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs Mar 16 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs Mar 16 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs ep 15 (ORN FUTURE) pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs ep 15 (ORN TA FUTURE) ZT ZT pec Increase UD Hedge/Member Increase UD orn pread: ep 16 vs ep 15 (MINI-IZED ORN FUTURE) Y Y pec Increase UD Hedge/Member Increase UD Lean Hogs (LN) - Tier 1 vs Tier 1 (LEAN HOG FUTURE) LN LN pec Increase UD 1,210 1,100 1,320 1,200 Hedge/Member Increase UD 1,100 1,100 1,200 1,200 Lean Hogs (LN) - Tier 1 vs Tier 1 (LEAN HOG TRADE AT ETTLE) HET HET pec Increase UD 1,210 1,100 1,320 1,200 Hedge/Member Increase UD 1,100 1,100 1,200 1,200 Lean Hogs (LN) - Tier 1 vs Tier 2 (LEAN HOG FUTURE) LN LN pec Increase UD 1,430 1,300 1,540 1,400 Hedge/Member Increase UD 1,300 1,300 1,400 1,400 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 12 of 15

13 PAN MINIMUM PERFORMANE BOND REQUIREMENT Intra preads hange IO Lean Hogs (LN) - Tier 1 vs Tier 2 (LEAN HOG TRADE AT ETTLE) HET HET pec Increase UD 1,430 1,300 1,540 1,400 Hedge/Member Increase UD 1,300 1,300 1,400 1,400 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 13 of 15

14 PAN MINIMUM PERFORMANE BOND REQUIREMENT Inter-commodity pread Rates hange Ratio RUDE OIL - Inter-commodity pread Rates BRENT (IE) ALENDAR WAP FUTURE (NY-Y - ME) vs EUROPEAN GAOIL (IE) WAP FUTURE (NY-GX - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT (IE) ALENDAR WAP FUTURE (NY-Y - ME) vs EUROPEAN GAOIL (IE) WAP FUTURE (NY-GX - ME). pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT (IE) ALENDAR WAP FUTURE (NY-Y - ME) vs EUROPEAN GAOIL BULLET WAP FUTURE (NY-BG - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL BULLET WAP FINANIAL (NYM-BB, BZ, Y) vs EUROPEAN GAOIL (IE) ALENDAR WAP (NYM-GX - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL LAT DAY FINANIAL FUTURE (NY-BZ - ME) vs EUROPEAN GAOIL (IE) WAP FUTURE (NY-GX - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL LAT DAY FINANIAL FUTURE (NY-BZ - ME) vs EUROPEAN GAOIL BULLET WAP FUTURE (NY-BG - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL PENULTIMATE FINANIAL FUTURE (NY-BB - ME) vs EUROPEAN GAOIL BULLET WAP FUTURE (NY-BG - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 14 of 15

15 PAN MINIMUM PERFORMANE BOND REQUIREMENT Inter-commodity pread Rates hange Ratio REFINED PRODUT - Inter-commodity pread Rates BRENT (IE) ALENDAR WAP FUTURE (NY-Y - ME) vs EUROPEAN GAOIL (IE) WAP FUTURE (NY-GX - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT (IE) ALENDAR WAP FUTURE (NY-Y - ME) vs EUROPEAN GAOIL (IE) WAP FUTURE (NY-GX - ME). pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT (IE) ALENDAR WAP FUTURE (NY-Y - ME) vs EUROPEAN GAOIL BULLET WAP FUTURE (NY-BG - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL BULLET WAP FINANIAL (NYM-BB, BZ, Y) vs EUROPEAN GAOIL (IE) ALENDAR WAP (NYM-GX - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL LAT DAY FINANIAL FUTURE (NY-BZ - ME) vs EUROPEAN GAOIL (IE) WAP FUTURE (NY-GX - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL LAT DAY FINANIAL FUTURE (NY-BZ - ME) vs EUROPEAN GAOIL BULLET WAP FUTURE (NY-BG - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% BRENT RUDE OIL PENULTIMATE FINANIAL FUTURE (NY-BB - ME) vs EUROPEAN GAOIL BULLET WAP FUTURE (NY-BG - ME) pread redit Rate Increase +15:-2 50% 50% 55% 55% Volatility can (volcan) Rate Tier hange EQUITY INDEX - Volatility can (volcan) Rate NIKKEI 225 DOLLAR-BAED (7N1, NK, NK, Y41) - volcan learing Member Rate Increase NIKKEI 225 YEN-BAED (ENY, N1, NKW, NKY) - volcan learing Member Rate Increase FX - Volatility can (volcan) Rate EURO FX (E7, E, E, M6E, YT) - volcan learing Member Rate Increase

16 plitting Methodology plitting Methodology hild Product(s) Outright Rates GAOIL RAK PREAD ALENDAR FUT (GZ) PETROLEUM RAK AND PREAD plitting Methodology GZ pec None Modified plit mix (BG, BB) GZ Hedge/Member None Modified plit mix (BG, BB) REFINED PRODUT plitting Methodology GAOIL ALENDAR FUT (GX) GX GX pec Hedge/Member None None Modified plit Modified plit BG BG 6/30/ outh Wacker Drive hicago, IL Ph.: (312) Fax: (312) cmegroup.com Page 15 of 15

To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to

To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to 09-443 TO: Clearing Member Firms Chief Financial Officers Back Office Managers Margin Managers FROM: CME Clearing SUBJECT: Performance Bond Requirements: DATE: Tuesday, October 13, 2009 To receive advanced