04/06/2004
| Effective Date: | Wednesday, April 7, 2004 (close of business) |
| Futures Contracts: | Silver Futures |
| Contract Months: | All Months |
| Rate Change: |
COMEX Division Margin Rates on Silver Futures Contracts
| Member: Clearing & Non-Clearing (Hedge Margin): | New: $2,500 | Old: $2,000 |
| Non-Member Customer (Speculative Margin): | New: $3,375 | Old: $2,700 |
This notice supercedes all previous notices regarding outright margin rates for the COMEX Silver Future Contracts.