04/05/2007
EFFECTIVE DATE: Monday, April 9, 2007 (close of business)
FUTURES CONTRACTS: Northwest Europe Gasoline Swap Futures (Argus) (AR), Dubai Crude Oil Calendar Swap (DC), European Gasoil 0.2 CIF NWE vs. Gasoil Futures Swap (EC), European Gasoil 0.2 FOB MED vs. Gasoil Futures Swap (EF), European ULSD 50 PPM CIF MED Swap (EH), European ULSD 50 PPM CIF NWE Swap (ES), 1% Fuel Oil NWE Crack Spread Swap Futures (FI), 3.5% Fuel Oil Rdam Crack Swap Futures (FO), Singapore Gasoil vs. Rdam Gasoil Swap Futures (GA), European Gasoil (ICE) Calendar Swap (GX), New York Harbor Heating Oil Crack Spread Calendar Swap (HK), European Jet Rdam Barges vs. Gasoil Futures Swap (JR), Gulf Coast Jet vs. New York Harbor No. 2 Heating Oil Spread Swap (ME), Gulf Coast No.6 Fuel Oil Crack Swap (MG), New York Harbor Residual Fuel 1.0% Sulfur Swap (MM), Los Angeles Jet Fuel vs. New York Harbor No. 2 Heating Oil Spread Swap (MQ), European Argus Gasoline Crack Spread Swap Futures (RG), RBOB vs. Heating Oil Swap (RH), Singapore Jet Kerosene vs. Gasoil Spread Swap Futures (RK), Gulf Coast Unleaded 87 Gasoline Crack Spread Calendar Swap (RU), RBOB Up-Down Calendar Swap (RV), Singapore Fuel Oil Spread Swap Futures (SD), Singapore Fuel Oil 380cst Calendar Swap Futuress (SE), Singapore Fuel Oil 180cst Calendar Swap (UA), European 1% Fuel Oil Rotterdam Calendar Swap (UH), European 3.5% Fuel Oil MED Calendar Swap (Mediterranean) (UI), European 3.5% Fuel Oil Rotterdam Calendar Swap (UV)
CONTRACT MONTHS: All Months
NOTE: The revised margins are in bold.
NYMEX Division Outright (Scan) Margins on The Clear Port Petroleum Product & Spread Futures Contracts and Freight Futures Swap Contracts |
||||||
Contract |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
|
New |
Old |
New |
Old |
New |
Old |
AR - Tier 1 |
$30,000 |
$33,000 |
$33,000 |
$36,300 |
$40,500 |
$44,550 |
AR - Tier 2 |
$28,000 |
$30,000 |
$30,800 |
$33,000 |
$37,800 |
$40,500 |
DC |
$3,000 |
$3,500 |
$3,300 |
$3,850 |
$4,050 |
$4,725 |
EC |
$1,500 |
$1,800 |
$1,650 |
$1,980 |
$2,025 |
$2,430 |
EF |
$3,500 |
$4,000 |
$3,850 |
$4,400 |
$4,725 |
$5,400 |
EH |
$25,000 |
$30,000 |
$27,500 |
$33,000 |
$33,750 |
$40,500 |
ES |
$25,000 |
$30,000 |
$27,500 |
$33,000 |
$33,750 |
$40,500 |
FI |
$2,500 |
$3,000 |
$2,750 |
$3,300 |
$3,375 |
$4,050 |
FO |
$3,000 |
$3,500 |
$3,300 |
$3,850 |
$4,050 |
$4,725 |
GA |
$1,500 |
$2,000 |
$1,650 |
$2,200 |
$2,025 |
$2,700 |
GX - Tier 1 |
$33,000 |
$35,000 |
$36,300 |
$38,500 |
$44,550 |
$47,250 |
GX - Tier 2 |
$33,000 |
$33,000 |
$36,300 |
$36,300 |
$44,550 |
$44,550 |
GX - Tier 3 |
$26,000 |
$26,000 |
$28,600 |
$28,600 |
$35,100 |
$35,100 |
GX - Tier 4 |
$22,500 |
$22,500 |
$24,750 |
$24,750 |
$30,375 |
$30,375 |
HK - Tier 1 |
$2,750 |
$3,500 |
$3,025 |
$3,850 |
$3,713 |
$4,725 |
HK - Tier 2 |
$2,500 |
$3,000 |
$2,750 |
$3,300 |
$3,375 |
$4,050 |
HK - Tier 3 |
$1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
HK - Tier 4 |
$1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
JR |
$6,500 |
$7,000 |
$7,150 |
$7,700 |
$8,775 |
$9,450 |
ME |
$2,000 |
$1,800 |
$2,200 |
$1,980 |
$2,700 |
$2,430 |
MG |
$1,800 |
$2,000 |
$1,980 |
$2,200 |
$2,430 |
$2,700 |
MM |
$2,500 |
$3,000 |
$2,750 |
$3,300 |
$3,375 |
$4,050 |
MQ |
$1,000 |
$1,500 |
$1,100 |
$1,650 |
$1,350 |
$2,025 |
RG |
$1,800 |
$2,000 |
$1,980 |
$2,200 |
$2,430 |
$2,700 |
RH |
$3,000 |
$2,000 |
$3,300 |
$2,200 |
$4,050 |
$2,700 |
RK |
$1,200 |
$1,500 |
$1,320 |
$1,650 |
$1,620 |
$2,025 |
RU |
$3,000 |
$2,500 |
$3,300 |
$2,750 |
$4,050 |
$3,375 |
RV |
$1,500 |
$1,800 |
$1,650 |
$1,980 |
$2,025 |
$2,430 |
SD |
$1,500 |
$1,800 |
$1,650 |
$1,980 |
$2,025 |
$2,430 |
SE |
$13,000 |
$12,000 |
$14,300 |
$13,200 |
$17,550 |
$16,200 |
UA |
$18,000 |
$20,000 |
$19,800 |
$22,000 |
$24,300 |
$27,000 |
UH |
$17,000 |
$18,000 |
$18,700 |
$19,800 |
$22,950 |
$24,300 |
UI |
$15,000 |
$17,000 |
$16,500 |
$18,700 |
$20,250 |
$22,950 |
UV |
$17,000 |
$18,000 |
$18,700 |
$19,800 |
$22,950 |
$24,300 |
This notice supersedes all previous notices regarding margin rates for the Petroleum Product & Spread Futures Contracts.