Notice to Members
Notice No. 432
09/12/2007
Margin Rate Change for Palladium Futures and Asian Palladium Contracts
Effective Date:         Thursday, September 13, 2007 (close of business)

Futures Contracts:   Palladium (PA)

Contract Months:     All Months

Rate Change:  
NYMEX Division Margin on Palladium Futures Contacts
 
New
Old
Member: Clearing & Non-Clearing (Hedge Margin):
$1,500
$1,250
Non-Member Customer (Speculative Margin):
$1,650
$1,375
Non-Member Customer (Speculative Margin):
$2,025
$1,688


NYMEX Division Margin on Asian Palladium (QT) Futures Contacts
 
New
Old
Member: Clearing & Non-Clearing (Hedge Margin):
$241
$201
Non-Member Customer (Speculative Margin):
$265
$221
Non-Member Customer (Speculative Margin):
$358
$298


This notice supersedes all previous notices regarding outright margin rates for the Palladium Futures Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com