CME trims default fund in Q3

CME Group’s default fund for futures and options clearing shrunk 20% in the three months to end-September to $14.2 billion, on lower mandatory participant contributions. 

The total pre-funded participant resource requirement – the cash CME demanded members stump up to deal with the sudden collapse of one of their number – fell to $3.7 billion in the third quarter, down from $4.6 billion in the second, the lowest amount since the second quarter of 2017. Actual aggregate pre-funded participant

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: