News Release

NYMEX to Change Margins for Platinum, Palladium Futures Contracts

Fri Feb 15 2008
NEW YORK, N.Y., February 15, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for its platinum and palladium futures contracts, effective at the close of business on February 19.
Platinum futures margins will increase to $4,250 from $3,750 for clearing members, to $4,675 from $4,125 for members, and to $5,738 from $5,063 for customers.
 
Margins for the Asian platinum futures contract will increase to $1,367 from $1,206 for clearing members, to $1,504 from $1,327 for members, and to $1,845 from $1,628 for customers.
 
Palladium futures margins will increase to $2,250 from $1,750 for clearing members, to $2,475 from $1,925 for members, and to $3,038 from $2,363 for customers.
 
Margins for the Asian palladium futures contract will increase to $362 from $281 for clearing members, to $398 from $309 for members, and to $489 from $380 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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