Notice to Members
Notice No. 461
08/29/2006
Margin Rate and Inter-Exchange Spread Changes for Aluminum Futures Contracts
Effective Date:         Wednesday, August 30, 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: $2,500
Old: $3,250
Non-Member Customer (Speculative Margin):
New: $3,375
Old: $4,388


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
$3,250
$500
$2,750
$4,388
$675
$3,713
 
New
$2,500
$500
$2,000
$3,375
$675
$2,700

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