Contact Us

CME Group/Chicago HQ
Main Switchboard
Local: 312-930-1000
Toll Free: 866-716-7274

 

Customer Service
Product inquiries, website issues, and specific questions
Phone: 312-930-2316
Toll Free: 800-331-3332
E-mail:
info@cmegroup.com

 

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Risk Management / CME SPAN
Calculating Performance Bonds

The CME Clearing Risk team determines initial performance bond/initial margin utilizing the CME Group proprietary SPAN margin system. The SPAN system is a global industry standard, made available by license agreement, that:

  • Monitors market activity, including large positions and concentrated positions
  • Performs a twice daily mark-to-market of open positions
  • Manages risk through multi-lateral netting by customer and house account per firm
  • Assures the segregation of customer assets from firm assets

Performance Bonds / Margins for CME Group Products

Performance bonds/margins vary according to product and market volatility. View current requirements to see the impact of recent markets on your trading account requirements.

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SPAN

Standard Portfolio Analysis of Risk (SPAN) is a highly sophisticated, value-at-risk methodology that calculates performance bond/margin requirements by analyzing the "what-if's" of virtually any market scenario.

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SPAN Documentation and Software Distribution

A number of different documents and guides relate to using SPAN. Please ensure you get all the information you need.

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Find a product

CME Group Market Volume
Trade Date 10/13/08 10/10/08
Est.
Electronic
374,053 13,073,257
Est.
Open Outcry
Closed 2,144,703
Est. Clearport Clearing

0

526,781

Est. Totals 374,053 15,744,741

Delayed at least 10 minutes