Outright Rates for CME Index Futures Created by PBIS system
CME SPAN® Minimum Performance Bond Requirements
(SPAN refers to Standard Portfolio Analysis of Risk Performance bond system)
Back to Performance Bond Main
Revised 07/08/2008. An * before the rate type indicates the rate is new since the last revision on 06/12/2008
CME Index Futures -- Outright Rates (Exchange Minimums)
    Initial Maintenance
Yen-based Nikkei (N1)
Spec ¥587,500 ¥470,000
Hedge/Member ¥470,000 ¥470,000
Spec ($ Equivalent on 12/4/07) $5,348 $4,278
Hedge/Member ($ Equivalent on 12/4/07) $4,278 $4,278
CME PowerShares QQQ (QQ)
Clearing/Member Rate 5.00% 5.00%
Customer Rate 20.00% 20.00%
E-Mini Nasdaq Composite Index (QN)
Spec $4,500 $3,600
Hedge/Member $3,600 $3,600
CME E-mini FTSE/Xinhua China 25 Index (FXN)
Spec $13,750 $11,000
Hedge/Member $11,000 $11,000
S&P 500 Stock Index (SP)
Spec $22,500 $18,000
Hedge/Member $18,000 $18,000
S & P 500 ETF (PY)
Clearing/Member Rate 4.20% 4.20%
Customer Rate 20.00% 20.00%
E-Mini S&P 500 (ES)
Spec $4,500 $3,600
Hedge/Member $3,600 $3,600
Nasdaq-100 Index (ND)
Spec $13,750 $11,000
Hedge/Member $11,000 $11,000
E-Mini MSCI EAFE Index Futures (EFE)
Spec $6,250 $5,000
Hedge/Member $5,000 $5,000
E-Mini MSCI Emerging Markets Index (EMI)
Spec $6,250 $5,000
Hedge/Member $5,000 $5,000
E-Mini Nasdaq 100 (NQ)
Spec $2,750 $2,200
Hedge/Member $2,200 $2,200
E-Mini Nasdaq Biotechnology Index Futures (BQ)
Spec $3,750 $3,000
Hedge/Member $3,000 $3,000
S&P Midcap 400 (MD)
Spec $20,000 $16,000
Hedge/Member $16,000 $16,000
E-mini S&P Midcap 400 (ME)
Spec $4,000 $3,200
Hedge/Member $3,200 $3,200
E-mini Russell 1000 (RS)
Spec $4,375 $3,500
Hedge/Member $3,500 $3,500
Russell 2000 Stock Index (RL)
Spec $26,250 $21,000
Hedge/Member $21,000 $21,000
E-Mini Russell 2000 Index (ER)
Spec $5,250 $4,200
Hedge/Member $4,200 $4,200
NIKKEI 225 Stock Index (NK)
Spec $5,000 $4,000
Hedge/Member $4,000 $4,000
E-Mini S&P Small Cap 600 (SMC)
Spec $2,250 $1,800
Hedge/Member $1,800 $1,800
S&P 500/BARRA Growth Index (SG)
Spec $10,000 $8,000
Hedge/Member $8,000 $8,000
S&P Small Cap 600 (SMP)
Spec $11,250 $9,000
Hedge/Member $9,000 $9,000
S&P 500/BARRA Value Index (SU)
Spec $12,500 $10,000
Hedge/Member $10,000 $10,000
E-Mini S&P Asia 50 Stock Index (PA)
Spec $5,625 $4,500
Hedge/Member $4,500 $4,500
S& P Financial SPCTR Index (FS)
Spec $3,125 $2,500
Hedge/Member $2,500 $2,500
S&P Technology SPCTR Index (TS)
Spec $1,750 $1,400
Hedge/Member $1,400 $1,400
CME iShares Russell 2000 ETF (IW)
Clearing/Member Rate 4.40% 4.40%
Customer Rate 20.00% 20.00%