ICE Futures Exchange Notice: CFTC Rule 39.13(g)(8)(ii) -- Customer Initial Margin Requirements

ICE Clear U.S. announced that current requirements for clearing member collection of initial margin from their customers will not change as a result of CFTC Regulation 39.13(g)(8)(ii) going into full effect on October 4, 2012. CFTC Regulation 39.13(g)(8)(ii) requires ICE Clear U.S. clearing members to collect initial margin from their customers, for non-hedge positions, at a level that exceeds the original margin rate ICUS collects from its clearing members.

Cross-Reference(s): CFTC Rule 39.13(g)(8)(ii) (Risk Management - Customer Initial Margin Requirements).

View notice in full here (links externally to ICE website).