CME Clearing President Kim Taylor made the following statement regarding the recent S&P change to the U.S.’s AAA credit rating:
“CME Clearing has evaluated the market situation surrounding the U.S. downgrade and has determined that there is no current need for changes to our collateral haircuts or policies for accepting U.S. Treasuries as margin collateral. We will continue to monitor the liquidity environment and advise market participants if the environment changes.”
CME Group has been helping customers manage their risk through a variety of market conditions for over 150 years. We are proud of our strong track record and are confident that our risk methodologies will protect the markets and market users we serve.
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