08/30/2006
Effective Date: Thursday, August 31, 2006
(close of business)
Futures Contracts: Platinum Futures
Contract Months: All Months
Rate Change:
NYMEX Division Margin on Palladium Futures Contacts
| Member: Clearing and Non-Clearing (Hedge Margin): | New: $2,000 |
Old: $2,500 |
| Non-Member Customer (Speculative Margin): | New: $2,700 |
Old: $3,375 |
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 |
$8,000 |
$550 |
$743 |
$2,450 |
$4,450 |
$6,900 |
New |
$6,500 |
$550 |
$743 |
$1,950 |
$3,450 |
$5,400 |
||
This notice supersedes all previous notices regarding outright margin rates for the NYMEX Platinum Future Contracts.