04/20/2006
Futures Contracts: High Grade Copper
Contract Months: All Months
Rate Change:
COMEX Division Margins on High Grade Copper Futures
Contacts
| Member: Clearing & Non-Clearing (Hedge Margin): | New: $4,000 |
Old: $3,750 |
| Non-Member Customer (Speculative Margin): | New: $5,400 |
Old: $5,063 |
Inter-Exchange Spread Credit
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 |
$3,750 |
$3,450 |
$300 |
$5,063 |
$4,658 |
$405 |
New |
$4,000 |
$3,700 |
$300 |
$5,400 |
$4,995 |
$405 |
||
This notice supercedes all previous notices regarding outright margin rates for the COMEX High Grade Copper Future Contracts.