Notice to Members
Notice No. 14
01/05/2006
Margin Rate Changes for Crude Oil Futures Contract, Globex Financial Crude Oil Contract, Crude Oil Calendar Swap and NYMEX miNY Crude Oil
Effective Date: Monday, January 8, 2006 (close of business)

Futures Contracts: Light Sweet Crude Oil Futures Contract (CL), Globex Financial Crude Oil Contract (WS), Crude Oil Calendar Swap (CS), and NYMEX miNY™ Crude Oil (QM) Futures Contract

Contract Months: All Months

NYMEX Division Outright (Scan)  Margins on Light Sweet Crude Oil Futures Contract (CL), Crude Oil Financial Contract (WS), and Light Sweet Crude Oil Calendar Swap Contract (CS)
 
Contract/Month
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
CL
$3,000
$2,500
$3,300
$2,750
$4,050
$3,375
WS
$3,000
$2,500
$3,300
$2,750
$4,050
$3,375
CS
$3,000
$2,500
$3,300
$2,750
$4,050
$3,375


NYMEX Division Outright (Scan)  Margins on NYMEY miNY Crude Oil Contract (WS)
 
Contract/Month
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
QM
$1,500
$1,250
$1,650
$1,375
$2,025
$1,688


This notice supersedes all previous notices regarding outright margins for Crude Oil Futures Contract, Crude Oil Calendar Swap, Globex Financial Crude Oil Contract and NYMEX miNY Crude Oil Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com