Notice to Members
Notice No. 77
02/12/2003
Margin Rate Change for Heating Oil Futures and New York Harbor Heating Oil Calendar Swaps
Effective Date: Thursday, February 13, 2003 (close of business)
Futures Contracts: Heating Oil Futures (HO)
  New York Harbor Heating Oil Calendar Swap (MP)
Contract Months: All Months
Rate Change:

NYMEX Division Margins on Heating Oil Futures
Clearing Member (Maintenance Margin): Old: $3,000 New: $3,500
Member Customer (Initial Margin): Old: $3,300 New: $3,850
Non-Member Customer (Initial Margin): Old: $4,050 New: $4,725

NYMEX Division Margins on New York Harbor Heating Oil Calendar Swap
Clearing Member (Maintenance Margin): Old: $2,000 New: $3,500
Member Customer (Initial Margin): Old: $2,200 New: $3,850
Non-Member Customer (Initial Margin): Old: $2,700 New: $4,725

This notice supersedes all previous notices regarding outright margins for Heating Oil Futures Contracts and New York Harbor Heating Oil Calendar Swaps.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com