Notice to Members
Notice No. 405
07/28/2006
Copper and Aluminum Warehouse Insurance
Upon renewal we are confirming, effective August 1, 2006, the insurance rate for copper on warrant and aluminum on warrant in Exchange Licensed Warehouses is US $0.018 per US $100 of value at risk. Acts of Terrorism are excluded from coverage under this policy. The term sheet, seen here, outlines the salient portions of this policy.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com