Notice to Members
Notice No. 107
02/23/2006
Margin Rate and Inter-Exchange Spread Changes for Aluminum Futures Contracts
Effective Date:         Monday, February 27, 2006 (close of business)

Futures Contracts:   Aluminum Futures

Contract Months:     All Months

Rate Change:  
COMEX Division Margins on Aluminum Futures Contracts
Member: Clearing & Non-Clearing (Hedge Margin):
New: $2,250
Old: $1,500
Non-Member Customer (Speculative Margin):
New: $3,038
Old: $2,025


Inter-Commodity Spread Credit on Aluminum (AL)

Spread
Ratio
  
Clearing Member/Member/Hedge
Non-Member
COMEX Full Margin per Contract
COMEX Spread Charge per Contract
COMEX Spread Credit Per Contract
COMEX Full Margin Per Contract
COMEX Spread Charge Per Contract
COMEX Spread Credit Per Contract
COMEX/LME
2:01
Old
$1,500
$500
$1,000
$2,025
$675
$1,350
 
New
$2,250
$500
$1,750
$3,038
$675
$2,363

This notice supercedes all previous notices regarding outright margin rates for the COMEX Aluminum Future Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com