10/29/2004
| Effective Date: | Wednesday, October 27, 2004 (close of business) |
| Futures Contracts | : Brent Crude Oil (SC) Futures Contract |
| Futures Contracts | Revised Outright Margin for December 2004, January 2005, February 2005 and March 2005 Only |
Note: The revised margins are in bold.
NYMEX Division Outright (Scan) Margins on Brent Crude
Oil (SC)
|
Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
Dec04 - Mar05 |
$3,500 |
$2,500 |
$3,850 |
$2,750 |
$4,725 |
$3,375 |
Greater than Mar05 |
$2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
NYMEX Division Intra-Commodity Spread Margins on Brent
Crude (SC)
| Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
1 (1st Nearby) |
$400 |
$400 |
$440 |
$440 |
$540 |
$540 |
2 (2th - 6th Nearby) |
$250 |
$250 |
$275 |
$275 |
$338 |
$338 |
3 (7th - 12th Nearby) |
$150 |
$150 |
$165 |
$165 |
$203 |
$203 |
4 (Greater than 12th Nearby) |
$100 |
$100 |
$110 |
$110 |
$135 |
$135 |