News Release

NYMEX to Change Margins for Palladium Futures Contracts

Wed Feb 20 2008
NEW YORK, N.Y., February 20, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for its palladium and Asian palladium futures contracts, effective at the close of business tomorrow.
 
Palladium futures margins will increase to $3,000 from $2,250 for clearing members, to $3,300 from $2,475 for members, and to $4,050 from $3,038 for customers.
 
Margins for the Asian palladium futures contract will increase to $482 from $362 for clearing members, to $530 from $398 for members, and to $651 from $489 for customers.
 
###
 
 
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: Brenda Guzman, 212-299-2436 or Keil Decker, 212-299-2209

Corporate Communications

+1 312 930 3434
Email