10/01/2007
Futures Contracts: Aluminum Futures
Contract Months: All Months
Rate Change:
COMEX Division Margins on Aluminum Futures Contracts
| Member: Clearing & Non-Clearing (Hedge Margin): | New: $2,000 |
Old: $1,500 |
| Non-Member Customer (Speculative Margin): | New: $2,700 |
Old: $2,025 |
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 | 1:1 |
Old |
$1,500 |
$500 |
$1,000 |
$2,025 |
$675 |
$1,350 |
New |
$2,000 |
$500 |
$1,500 |
$2,700 |
$675 |
$2,025 |
||
This notice supersedes all previous notices regarding outright margin rates for the COMEX Aluminum Future Contracts.