10/17/2005
Futures Contracts:
Light, Sweet Crude Oil Futures Contract (CL); WTI Calendar Swap (CS); Brent Crude Oil Futures Contract (SC); Brent Crude Oil Calendar Swap (SA); and Light, Sweet Crude Oil e-miNY Futures Contract (QM)Contract Months: Outright Margin for November 2005 thru December 2006
NYMEX Division Outright (Scan) Margins on Crude Oil Futures (CL), WTI
Calendar Swap (CS),
Brent Crude Oil Futures (SC), Brent Crude Oil Calendar Swap (SA), and Crude Oil e-miNY (QM) Futures
Brent Crude Oil Futures (SC), Brent Crude Oil Calendar Swap (SA), and Crude Oil e-miNY (QM) Futures
| Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| CL ( Nov 2005-July 2006) | $3,500 |
$4,500 |
$3,850 |
$4,950 |
$4,725 |
$6,075 |
| CL ( Aug 2006-Dec 2006) | $3,500 |
$2,500 |
$3,850 |
$2,750 |
$4,725 |
$3,375 |
| CL ( all other months) | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
NYMEX Division Outright (Scan) Margins on Crude Oil Futures (CL), WTI
Calendar Swap (CS),
Brent Crude Oil Futures (SC), Brent Crude Oil Calendar Swap (SA), and Crude Oil e-miNY (QM) Futures
Brent Crude Oil Futures (SC), Brent Crude Oil Calendar Swap (SA), and Crude Oil e-miNY (QM) Futures
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| CS ( Nov 2005-July 2006) | $3,500 |
$4,500 |
$3,850 |
$4,950 |
$4,725 |
$6,075 |
| CS ( Aug 2006-Dec 2006) | $3,500 |
$2,500 |
$3,850 |
$2,750 |
$4,725 |
$3,375 |
| CS ( all other months) | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| SC ( Nov 2005-July 2006) | $3,500 |
$4,500 |
$3,850 |
$4,950 |
$4,725 |
$6,075 |
| SC ( Aug 2006-Dec 2006) | $3,500 |
$2,500 |
$3,850 |
$2,750 |
$4,725 |
$3,375 |
| SC ( all other months) | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| SA ( Nov 2005-July 2006) | $3,500 |
$4,500 |
$3,850 |
$4,950 |
$4,725 |
$6,075 |
| SA ( Aug 2006-Dec 2006) | $3,500 |
$2,500 |
$3,850 |
$2,750 |
$4,725 |
$3,375 |
| SA ( all other months) | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| QM ( Nov 2005-Dec 2006) | $1,750 |
$2,250 |
$1,925 |
$2,475 |
$2,363 |
$3,038 |
| QM ( all other months) | $1,250 |
$1,250 |
$1,375 |
$1,375 |
$1,688 |
$1,688 |
This notice supersedes all previous notices regarding outright margins for Light, Sweet Crude Oil, WTI Calendar Swap, Brent Crude Oil Futures, Brent Crude Oil Calendar Swap, and Light, Sweet Crude Oil e-miNY Futures Contracts.