Notice to Members
Notice No. 211
05/19/2005
Outright (Scan) Margin Rates and Intra-Commodity Spread Margin Rates for the New NYMEX Freight Futures Contracts
EFFECTIVE DATE: Monday, May 23, 2005 (close of business)

FUTURES CONTRACTS:
Tanker Route TC2 Freight Futures (TM), Tanker Route TD3 Freight Futures (TL), Tanker Route TD5 Freight Futures (TI), Tanker Route TD7 Freight Futures (TK)
CONTRACT MONTHS: All Months

NYMEX Division Outright (Scan) Margin Rates For The New Freight Futures Contracts
 
All Contracts
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
Tanker Route TC2 (TM)
$1,200
N/A
$1,320
N/A
$1,620
N/A
Tanker Route TD3 (TL)
$600
N/A
$660
N/A
$810
N/A
Tanker Route TD5 (TI)
$950
N/A
$1,045
N/A
$1,283
N/A
Tanker Route TD7 (TK)
$500
N/A
$550
N/A
$675
N/A


NYMEX Division Intra-Commodity Spread Margin Rates For The New Freight Futures Contracts
 
All Contracts
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
Tanker Route TC2 (TM)
$150
N/A
$165
N/A
$203
N/A
Tanker Route TD3 (TL)
$100
N/A
$110
N/A
$135
N/A
Tanker Route TD5 (TI)
$150
N/A
$165
N/A
$203
N/A
Tanker Route TD7 (TK)
$50
N/A
$55
N/A
$68
N/A
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com