03/25/2004
| Effective Date: | Friday, March 26, 2004 (close of business) | |
| Futures Contract: | Palladium Futures | |
| Contract Months: | All Months |
NYMEX Division Margins on Palladium Futures Contracts
| Clearing Member (Maintenance Margin): | Old: $2,500 | New: $2,000 |
| Member Customer (Initial Margin): | Old: $2,750 | New: $2,200 |
| Non-Member Customer (Initial Margin): | Old: $3,375 | New: $2,700 |
This notice supersedes all previous notices regarding outright margins for the NYMEX Palladium Futures Contract.