MGEX™ Risk Management Resources & Disclosures
MGEX Month End Initial Margin Totals
Default Management
MGEX has over $50 million in dedicated financial resources to address a potential default to the Clearing House. This amount includes a dedicated and segregated cash reserve, clearing member security deposits, surplus funds and a line of credit. In all instances, the available financial resources of the defaulting clearing member, including but not limited to any guarantees and pledges, will be applied before any MGEX funds are utilized. (Updated as of January 2024)