03/12/2003
| Effective Date: | Thursday, March 13, 2003 (close of business) |
| Futures Contracts: | Heating Oil (HO), NY Harbor Heating Oil Calendar Swap (MP) Unleaded Gasoline (HU), NY Harbor Gasoline Calendar Swap (MS) |
| Contract Months: | All Months |
| Rate Change: |
NYMEX Division Margins on Heating Oil and Unleaded Gasoline Futures
| Clearing Member (Maintenance Margin): | Old: $4,000 | New: $5,500 |
| Member Customer (Initial Margin): | Old: $4,400 | New: $6,050 |
| Non-Member Customer (Initial Margin): | Old: $5,400 | New: $7,425 |
NYMEX Division Margins on New York Harbor Heating Oil Calendar Swap
| Clearing Member (Maintenance Margin): | Old: $3,500 | New: $5,500 |
| Member Customer (Initial Margin): | Old: $3,850 | New: $6,050 |
| Non-Member Customer (Initial Margin): | Old: $4,725 | New: $7,425 |
NYMEX Division Margins on New York Harbor Gasoline Calendar Swap
| Clearing Member (Maintenance Margin): | Old: $2,400 | New: $5,500 |
| Member Customer (Initial Margin): | Old: $2,640 | New: $6,050 |
| Non-Member Customer (Initial Margin): | Old: $3,240 | New: $7,425 |
Should you have questions regarding these changes, please contact Arthur McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855. This notice supersedes all previous notices regarding outright margins for Heating Oil, New York Harbor Heating Oil Calendar Swap, Unleaded Gasoline, and New York Harbor Gasoline Calendar Swap Futures Contracts.