Notice to Members
Notice No. 632
11/30/2006
New Margin Rates and Intra-Commodity/Inter-Month Spread Margins for COMEX Asian Gold, COMEX miNY Gold, COMEX miNY Silver, and COMEX miNY Copper
Effective Date: Monday, December 4, 2006 (close of business)

Futures Contracts: COMEX Asian Gold (QS), COMEX miNY Gold (QO), COMEX miNY Silver (QI), and COMEX miNY Copper (QC)

Contract Months: All Months

Margin Rates on COMEX Asian Gold (QS) Futures Contracts
Member: Clearing & Non-Clearing (Hedge Margin): New:  $800
Non-Member Customer (Speculative Margin): New:  $1,080
   
Intra-Commodity / Inter-Month Spread Margins on COMEX Asian Gold (QS) Futures Contracts
Member: Clearing & Non-Clearing: New:  $ 20
Non-Member Customer: New:  $ 27
   
Margin Rates on COMEX miNY Gold (QO) Futures Contracts
Member: Clearing & Non-Clearing (Hedge Margin): New:  $1,250
Non-Member Customer (Speculative Margin): New:  $1,688
   
Intra-Commodity / Inter-Month Spread Margins on COMEX miNY Gold (QO) Futures Contracts
Member: Clearing & Non-Clearing: New:  $ 25
Non-Member Customer: New:  $ 34
   
Margin Rates on COMEX miNY Silver (QI) Futures Contracts
Member: Clearing & Non-Clearing (Hedge Margin): New:  $2,000
Non-Member Customer (Speculative Margin): New:  $2,700
   
Intra-Commodity / Inter-Month Spread Margins on COMEX miNY Silver (QI) Futures Contracts
Member: Clearing & Non-Clearing: New:  $ 40
Non-Member Customer: New:  $ 54
   
Margin Rates on COMEX miNY Copper (QC) Futures Contacts
Member: Clearing & Non-Clearing (Hedge Margin): New:  $ 2,500
Non-Member Customer (Speculative Margin): New:  $ 3,375
   
Intra-Commodity / Inter-Month Spread Margins on COMEX miNY Copper (QC) Futures Contacts
Member: Clearing & Non-Clearing: New:  $ 40
Non-Member Customer: New:  $ 54
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com