News Release

NYMEX to Change Margins for Platinum Futures Contracts

Tue Apr 08 2008
NEW YORK, N.Y., April 8, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for its platinum futures contracts, effective at the close of business tomorrow.
Platinum futures margins will increase to $7,000 from $6,000 for clearing members, to to $7,700 from $6,600 for members, and to $9,450 from $8,100 for customers.
 
Margins for the Asian platinum futures contract will increase to $2,251 from $1,928 for clearing members, to $2,476 from $2,121 for members, and to $3,039 from $2,603 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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