Notice to Members
Notice No. 340
08/19/2005
Margin Rate Changes for Light Sweet Crude Oil, WTI Crude Oil Calendar Swap, Brent Crude Oil, Brent Crude Oil Calendar Swap, and Light Sweet Crude Oil e-miNY Futures Contracts
EFFECTIVE DATE: Monday, August 22, 2005 (close of business)

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 October 2005, November 2005, December 2005, January 2006, February 2006, March 2006, April 2006, May 2006, June 2006, and July 2006

NYMEX Division Outright (Scan) Margins on Light, Sweet Crude Oil (CL), WTI Calendar Swap (CS), Brent Crude Oil (SC), Brent Crude Oil Calendar Swap (SA), and Light, Sweet Crude Oil e-miNY (QM) Futures Contracts
 
Tiers
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
CL (Oct 2005-July 2006)
$3,500
$2,500
$3,850
$2,750
$4,725
$3,375
CS (Oct 2005-July 2006)
$3,500
$2,500
$3,850
$2,750
$4,725
$3,375
SC (Oct 2005-July 2006)
$3,500
$2,500
$3,850
$2,750
$4,725
$3,375
SA (Oct 2005-July 2006)
$3,500
$2,500
$3,850
$2,750
$4,725
$3,375
QM (Oct 2005-July 2006)
$1,750
$1,250
$1,925
$1,375
$2,363
$1,688


This notice supersedes all previous notices regarding outright margins for Light, Sweet Crude Oil, Light, WTI Calendar Swap, Brent Crude Oil Futures, Brent Crude Oil Calendar Swap, and Light, Sweet Crude Oil e-miNY Futures Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com