News Release

NYMEX to Change Margins for Crude Oil, Related Futures Contracts

Tue Apr 08 2008
NEW YORK, N.Y., April 8, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for its crude oil and related futures contracts, beginning at the close of business tomorrow.
 
Margins for the May 2008 crude oil, crude oil calendar swap, and crude oil financial futures contracts will increase to $6,500 from $5,750 for clearing members, to $7,150 from $6,325 for members, and to $8,775 from $7,763 for customers. Margins for all other months will increase to $6,500 from $5,250 for clearing members, to $7,150 from $5,775 for members, and to $8,775 from $7,088 for customers.
 
Margins for the May 2008 NYMEX miNYTM crude oil futures contract will increase to $3,250 from $2,875 for clearing members, to $3,575 from $3,163 for members, and to $4,388 from $3,881 for customers.  Margins for all other months will increase to $3,250 from $2,675 for clearing members, to $3,575 from $2,888 for members, and to $4,388 from $3,544 for customers.
 
Margins for the NYMEX MACI index futures contract will increase to $1,300 from $1,067 for clearing members, to $1,430 from $1,174 for members, and to $1,755 from $1,440.
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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: Brenda Guzman, 212-299-2436 or Keil Decker, 212-299-2209

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