04/24/2003
| Effective Date: | Friday, April 25, 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), WTI Crude Oil Calendar Swap (CS), 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, and WTI Crude Oil Calendar Swap Futures Contracts
| Clearing Member (Maintenance Margin): | Old: $3,000 | New: $2,500 |
| Member Customer (Initial Margin): | Old: $3,300 | New: $2,750 |
| Non-Member Customer (Initial Margin): | Old: $4,050 | New: $3,375 |
NYMEX Division Margin Rates for Crude Oil e-miNY Futures Contracts
| Clearing Member (Maintenance Margin): | Old: $1,200 | New: $1,000 |
| Member Customer (Initial Margin): | Old: $1,320 | New: $1,100 |
| Non-Member Customer (Initial Margin): | Old: $1,620 | New: $1,350 |
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, WTI Crude Oil Calendar Swap, and Crude Oil e-miNY Futures Contracts.