Notice to Members
Notice No. 98
02/27/2003
Margin Rate Change for Light, Louisiana Sweet Crude Oil, West Texas Sour Crude Oil, WTI Midland Crude Oil, Mars Blend Crude Oil, Light, Sweet Crude Oil, Brent Crude Oil, and Crude Oil e-miNY Futures Contracts
Effective Date: Friday February 28th, 2003 (close of business)
Futures Contracts: Light Louisiana Sweet Crude Oil (LS), West Texas Sour Crude Oil (TS), WTI Midland Crude Oil (CM), Mars Blend Crude Oil (MB), Light Sweet Crude Oil (CL), Brent Crude Oil (SC), Crude Oil e-miNY (QM).
Contract Months: All Months
Rate Change:  

NYMEX Division Margin Rates for Light Louisiana Sweet Crude Oil, West Texas Sour Crude Oil, WTI Midland Crude Oil, Mars Blend Crude Oil, Light Sweet Crude Oil,
and Brent Crude Oil Futures Contracts
Clearing Member (Maintenance Margin): Old: $3,000 New: $4,000
Member Customer (Initial Margin): Old: $3,300 New: $4,400
Non-Member Customer (Initial Margin): Old: $4,050 New: $5,400

NYMEX Division Margin Rates for Crude Oil e-miNY Futures Contracts
Clearing Member (Maintenance Margin): Old: $1,200 New: $1,600
Member Customer (Initial Margin): Old: $1,320 New: $1,760
Non-Member Customer (Initial Margin): Old: $1,620 New: $2,160

This notice supersedes all previous notices regarding outright margins for the NYMEX Light Louisiana Sweet Crude Oil, West Texas Sour Crude Oil, WTI Midland Crude Oil, Mars Blend Crude Oil, Light Sweet Crude Oil, and Crude Oil e-miNY Futures Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com