Notice to Members
Notice No. 513
11/14/2007
Margin Rate and Inter-Exchange Spread Changes for Platinum Futures
Effective Date:        Thursday, November 15, 2007 (close of business)

Futures Contracts:   Platinum Futures

Contract Months:     All Months

Rate Change:  
NYMEX Division Margin on Platinum (PL) Futures Contacts

Clearing Member Margin:
New: $2,500
Old: $2,000
Member Customer Margin:
New: $2,750
Old: $2,200
Non-Member Customer (Speculative Margin):
New: $3,375
Old: $2,700

Inter-Commodity Spread Margins on Gold and Platinum

Spread Credit
Spread
Ratio
Combined Full Margin
Clearing Member/Member/Hedge Spread Charge
Non-Member Spread Credit
Gold Leg
Platinum Leg
Combined
Gold/Platinum
1:02
Old
$7,000
$550
$743
$2,450
$3,450
$5,900
New
$8,000
$550
$743
$1,950
$4,450
$5,900

NYMEX Division Margin on Platinum (PL) Futures Contacts

Clearing Member Margin:
New: $643
Old: $804
Member Customer Margin:
New: $707
Old: $884
Non-Member Customer (Speculative Margin):
New: $955
Old: $1,194


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