11/07/2006
Effective Date: Wednesday, November 8, 2006
(close of business)
Futures Contracts: Platinum Futures
Contract Months: All Months
Rate Change:
NYMEX Division Margin on Platinum (PL) Futures Contacts
| Clearing Member Margin: | New: $3,000 |
Old: $2,000 |
| Member Customer Margin: | New: $3,300 |
Old: $2,000 |
| Non-Member Customer (Speculative Margin): | New: $4,050 |
Old: $2,700 |
NYMEX Division Margin on Platinum miNY™
(PQ) Futures Contacts
| Clearing Member Margin: | New: $600 |
Old: $500 |
| Member Customer Margin: | New: $660 |
Old: $550 |
| Non-Member Customer (Speculative Margin): | New: $810 |
Old: $675 |
Inter-Commodity Spread Margins on Gold and Platinum
Spread Credit |
||||||||
Spread |
Ratio |
Combined Full Margin |
Clearing Member/Member/Hedge Spread Charge |
Non-Member Spread Credit |
Gold Leg |
Platinum Leg |
Combined |
|
Gold/Platinum |
1:02 |
Old |
$6,500 |
$550 |
$743 |
$1,950 |
$3,450 |
$5,400 |
New |
$8,500 |
$550 |
$743 |
$1,950 |
$5,450 |
$7,400 |
||
This notice supersedes all previous notices regarding outright margin rates for the Platinum and Platinum miNY™ Contracts.