Notice to Members
Notice No. 127
03/03/2006
Margin Rate and Inter-Exchange Spread Changes for Aluminum
Effective Date:         Monday, March 6, 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: $2,275
Old: $2,250
Non-Member Customer (Speculative Margin):
New: $3,713
Old: $3,038


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
$2,250
$500
$1,750
$3,038
$675
$2,363
 
New
$2,750
$500
$2,250
$3,713
$675
$3,038

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