04/09/2007
EFFECTIVE DATE: Monday, April 9, 2007 (close of business)
FUTURES CONTRACTS: Tanker Route TC2 Europe to U.S. Atlantic Coast (TM)
CONTRACT MONTHS: All Months
NYMEX Division Outright (Scan) Margins on Tanker Route TC2 Europe to U.S. Atlantic Coast ™ |
||||||
All Contracts |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
|
New |
Old |
New |
Old |
New |
Old |
Tier 1 - 1st Nearby |
$2,000 |
$500 |
$2,200 |
$550 |
$2,700 |
$675 |
Tier 2 - All Other Months |
$2,000 |
$2,500 |
$2,200 |
$2,750 |
$2,700 |
$3,375 |
NYMEX Division Outright (Scan) Tanker Route TC2 Europe to U.S. Atlantic Coast ™ Tiers |
|
Tiers |
Months |
1 |
1st Nearby |
2 |
Greater than 1st Nearby |
NOTE: The revised margins are in bold.
This notice supersedes all previous notices regarding margin rates for the Freights Futures Contracts.