News Release

Exchange to Increase Margins for Gasoline Futures and Calendar Swaps Futures Contracts

Mon Jul 11 2005
New York, N.Y., July 11, 2005 – The New York Mercantile Exchange, Inc., announced today that it will change the margins for gasoline futures and calendar swap futures contracts effective at the close of business on July 12.

The margins for August and September 2005 will increase to $5,000 from $4,000 for clearing members, to $5,500 from $4,400 for members, and to $6,750 from $5,400 for customers.

The margins for all other months will remain unchanged.
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