Notice to Members
Notice No. 323
09/12/2000
Margin Rate Change
 
Effective Date: Tuesday, September 12,2000 (close of business)
Futures Contract: Crude Oil, Unleaded Gasoline, and Heating Oil
Contract Months: All Months
Rate Change:  


NYMEX Division Margins on
Crude Oil, Unleaded Gasoline, and Heating Oil Futures Contracts
Effective at Close of Business Tuesday, September 12, 2000
NYMEX Light Sweet Crude Margin
Less:
NYMEX Light Sweet/IPE Brent Crude Spread Credit
Net Margin of Spread
Clearing Member
(Maintenance Margin)
$3,000
 $2,500
$500
Member Customer
(Initial Margin)
$3,300
 $2,750
$550
Non-Member Customer
(Initial Margin)
$4,050
 $3,375
$675


This notice supersedes all previous notices regarding outright margins for the NYMEX Crude Oil, Unleaded Gasoline, or Heating Oil Futures Contracts and the margin credit for the NYMEX Light Sweet Crude Oil/IPE Brent Crude futures spread positions.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com