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03-77 October 02, 2003 TO: Clearing Member Firms ATTN: Chief Financial Officers Back Office Managers Margin









03-77





October
02,
2003



TO:

Clearing Member Firms


ATTN: Chief Financial Officers
Back
Office
Managers
Margin
Managers

FROM:
Clearing House Department

SUBJECT:
Performance Bond Requirements

This document can be received electronically. Send an e-Mail to
lists@cme.com

with the text subscribe pbrates in the body of the message to subscribe.

Chicago Mercantile Exchange Inc., Performance Bond staff approved performance bond
requirements for the following new Weather contracts. These margins will become
effective with the launch of the products on Friday, October 3, 2003.

The staff recommendations are listed below:


Weather Futures Outright Rates


Weather Amsterdam-CDD (G2)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
6.75%
5.0%
Hedge/Member
N/A N/A
5.0%
5.0%

Weather Amsterdam-HDD (D2)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
12.15%
9.0%
Hedge/Member
N/A N/A
9.0%
9.0%



Clearing House Advisory Notice
October 1, 2003
Page 2 of 8


Weather Berlin-CDD (G3)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
6.75% 5.0%
Hedge/Member
N/A N/A
5.0% 5.0%

Weather Berlin-HDD (D3)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
9.45% 7.0%
Hedge/Member
N/A N/A
7.0% 7.0%

Weather London-CDD (GO)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
6.75% 5.0%
Hedge/Member
N/A N/A
5.0% 5.0%

Weather London-HDD (D0)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
12.15% 9.0%
Hedge/Member
N/A N/A
9.0% 9.0%

Weather Paris-CDD (G1)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
6.75% 5.0%
Hedge/Member
N/A N/A
5.0% 5.0%

Weather Paris-HDD (D1)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
12.15% 9.0%
Hedge/Member
N/A N/A
9.0% 9.0%

Weather Stockholm-CDD (G5)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
6.75% 5.0%
Hedge/Member
N/A N/A
5.0% 5.0%

Weather Stockholm-HDD (D5)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
6.75% 5.0%
Hedge/Member
N/A N/A
5.0% 5.0% Clearing House Advisory Notice
October 1, 2003
Page 3 of 8


Weather Seasonal Futures Outright Rates


Weather Amsterdam-CDD (V2)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather Amsterdam-HDD (P2)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather Berlin-CDD (V3)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather Berlin-HDD (P3)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather London-CDD (V0)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather London-HDD (P0)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather Paris-CDD (V1)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%




Clearing House Advisory Notice
October 1, 2003
Page 4 of 8
Weather Paris-HDD (P1)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather Stockholm-CDD (V5)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%

Weather Stockholm-HDD (P5)

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
4.05% 3.0%
Hedge/Member
N/A N/A
3.0% 3.0%


Weather Futures Intra-Commodity Spread Rates


Weather Amsterdam-CDD (G2) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Amsterdam-HDD (D2) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Berlin-CDD (G3) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Berlin-HDD (D3) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000





Clearing House Advisory Notice
October 1, 2003
Page 5 of 8
Weather London-CDD (GO) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather London-HDD (D0) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Paris-CDD (G1) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Paris-HDD (D1) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Stockholm-CDD (G5) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Stockholm-HDD (D5) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Seasonal Futures Intra-Commodity Spread Rates


Weather Amsterdam-CDD (V2) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Amsterdam-HDD (P2) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000 Clearing House Advisory Notice
October 1, 2003
Page 6 of 8

Weather Berlin-CDD (V3) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A
$1,350 $1,000
Hedge/Member
N/A N/A
$1,000 $1,000

Weather Berlin-HDD (P3) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A $1,350
$1,000
Hedge/Member
N/A N/A $1,000
$1,000

Weather London-CDD (V0) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A $1,350
$1,000
Hedge/Member
N/A N/A $1,000
$1,000

Weather London-HDD (P0) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A $1,350
$1,000
Hedge/Member
N/A N/A $1,000
$1,000

Weather Paris-CDD (V1) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A $1,350
$1,000
Hedge/Member
N/A N/A $1,000
$1,000

Weather Paris-HDD (P1) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A $1,350
$1,000
Hedge/Member
N/A N/A $1,000
$1,000

Weather Stockholm-CDD (V5) - All Months

Rate Type
Current
Initial
Current
Maintenance
New
Initial
New
Maintenance
Spec
N/A N/A $1,350
$1,000
Hedge/Member
N/A N/A $1,000
$1,000

Weather Stockholm-HDD (P5) - All Months

Rate Type
Current
Initial
Current
Maintenance
Ne