| Effective Date: Monday, December 4, 2006 (close of business)
Futures Contracts: COMEX London Copper Grade A Futures (LK),
COMEX London Primary Aluminum (LA), and COMEX London SHG Zinc (LZ) Futures
Contract Months: All Months
| Margin Rates on COMEX London Copper
Grade A (LK) Futures Contacts |
| Member: Clearing & Non-Clearing (Hedge Margin): |
New: $ 2,200 |
| Non-Member Customer (Speculative Margin): |
New: $ 2,970 |
| |
|
| Intra-Commodity / Inter-Month Spread Margins on
COMEX London Copper Grade A (LK) Futures Contacts |
| Member: Clearing & Non-Clearing (Hedge Margin): |
New: $ 80 |
| Non-Member Customer (Speculative Margin): |
New: $ 108 |
| |
|
| Margin Rates on COMEX London Primary Aluminum
(LA) Futures Contacts |
| Member: Clearing & Non-Clearing (Hedge Margin): |
New: $ 1,400 |
| Non-Member Customer (Speculative Margin): |
New: $ 1,890 |
| |
|
| Intra-Commodity / Inter-Month Spread Margins on
COMEX London Primary Aluminum (LA) Futures Contacts |
| Member: Clearing & Non-Clearing (Hedge Margin): |
New: $ 80 |
| Non-Member Customer (Speculative Margin): |
New: $ 108 |
| |
|
| Margin Rates on COMEX London SHG Zinc (LZ) Futures
Contacts |
| Member: Clearing & Non-Clearing (Hedge Margin): |
New: $ 3,000 |
| Non-Member Customer (Speculative Margin): |
New: $ 4,050 |
| |
|
| Intra-Commodity / Inter-Month Spread Margins on
COMEX London SHG Zinc (LZ) Futures Contacts |
| Member: Clearing & Non-Clearing (Hedge Margin): |
New: $ 160 |
| Non-Member Customer (Speculative Margin): |
New: $ 216 |
Inter-Commodity Spread Margins on COMEX London Copper Grade A (LK) and
COMEX Copper (HG)
Spread |
Ratio |
|
Combined Full Margin |
Clearing Member/Member/Hedge Spread
Credit |
Non-Member Spread Credit |
Percentage Credit of Total Outright |
LK / HG |
11:05 |
NEW |
$49,200 |
$4,920 |
$6,642 |
90% |
Inter-Commodity Spread Margins on COMEX London Primary Aluminum (LA) and
COMEX Aluminum (AL)
Spread |
Ratio |
|
Combined Full Margin |
Clearing Member/Member/Hedge Spread
Credit |
Non-Member Spread Credit |
Percentage Credit of Total Outright |
LA / AL |
2:01 |
NEW |
$5,300 |
$530 |
$716 |
90% |
Inter-Commodity Spread Margins on COMEX London Copper Grade A (LK) and
London Primary Aluminum (LA)
Spread |
Ratio |
|
Combined Full Margin |
Clearing Member/Member/Hedge Spread
Credit |
Non-Member Spread Credit |
Percentage Credit of Total Outright |
LK / LA |
2:01 |
NEW |
$5,800 |
$1,160 |
$1,566 |
80% |
Inter-Commodity Spread Margins on COMEX London Copper Grade A (LK) and
London SHG Zinc (LZ)
Spread |
Ratio |
|
Combined Full Margin |
Clearing Member/Member/Hedge Spread
Credit |
Non-Member Spread Credit |
Percentage Credit of Total Outright |
LK / LZ |
2:01 |
NEW |
$7,400 |
$6,660 |
$8,991 |
10% |
Inter-Commodity Spread Margins on COMEX London Primary Aluminum (LA) and
London SHG Zinc (LZ)
Spread |
Ratio |
|
Combined Full Margin |
Clearing Member/Member/Hedge Spread
Credit |
Non-Member Spread Credit |
Percentage Credit of Total
Outright |
LA / LZ |
1:01 |
NEW |
$4,400 |
$3,740 |
$5,049 |
15% |
|