04/25/2007
Futures Contracts: Aluminum Futures
Contract Months: All Months
Rate Change:
COMEX Division Margins on Aluminum Futures Contracts
| Member: Clearing & Non-Clearing (Hedge Margin): | New: $3,000 |
Old: $4,000 |
| Non-Member Customer (Speculative Margin): | New: $4,050 |
Old: $5,400 |
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 |
$4,000 |
$500 |
$3,500 |
$5,400 |
$675 |
$4,725 |
New |
$3,000 |
$500 |
$2,500 |
$4,050 |
$675 |
$3,375 |
||
This notice supersedes all previous notices regarding outright margin rates for the COMEX Aluminum Future Contracts.