News Release

NYMEX to Change Margins for Gold Futures Contracts

Fri Jan 25 2008

NEW YORK, N.Y., January 25, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for its gold, COMEX miNYTM gold, and Asian gold futures contracts, effective at the close of business on January 28.

Margins for gold futures will increase to $3,500 from $3,000 for clearing and non-clearing members and to $4,725 from $4,050 for customers.

Margins for COMEX miNY gold futures will increase to $1,750 from $1,500 for clearing and non-clearing members and to $2,363 from $2,025 for customers.

Margins for Asian gold futures will increase to $1,125 from $965 for clearing and non-clearing members and to $1,519 from $1,303 for customers. 

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Forward Looking and Cautionary Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results. Forward-looking statements involve a number of assumptions, risks, and uncertainties, any of which may cause actual results to differ materially from the anticipated, estimated, or projected results referenced in forward-looking statements. In particular, the forward-looking statements of NYMEX Holdings, Inc., and its subsidiaries are subject to the following risks and uncertainties: the success and timing of new futures contracts and products; changes in political, economic, or industry conditions; the unfavorable resolution of material legal proceedings; the impact and timing of technological changes and the adequacy of intellectual property protection; the impact of legislative and regulatory actions, including without limitation, actions by the Commodity Futures Trading Commission; and terrorist activities and international hostilities, which may affect the general economy as well as oil and other commodity markets. We assume no obligation to update or supplement our forward-looking statements.
 
Contact: Anu Ahluwalia, 212-299-2439 or Keil Decker, 212-299-2209
 

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