Notice to Members
Notice No. 284
05/30/2006
Margin Rate and Inter-Exchange Spread Changes for Aluminum
Effective Date:         Wednesday, May 31, 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: $3,250
Old: $2,700
Non-Member Customer (Speculative Margin):
New: $4,388
Old: $3,713



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
$2,750
$500
$2,250
$3,713
$675
$3,038
 
New
$3,250
$500
$2,750
$4,388
$675
$3,713

This notice supersedes 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