Notice to Members
Notice No. 235
05/02/2007
Margin Rate Changes for Crude Oil Futures Contract, Globex Financial Crude Oil Contract, Crude Oil Calendar Swap and NYMEX miNY Crude Oil Contract
Effective Date: Thursday, May 3, 2007 (close of business)

Futures Contract: Crude Oil Futures Contract (CL), Globex Financial Crude Oil Contract (WS), Crude Oil Calendar Swap (CS) NYMEX miNY Crude Oil Contract (QM)

Contract Months: All Months


NYMEX Division Outright (Scan) Margins on Crude Oil Futures Contract (CL) Globex Financial Crude Oil Contract ( WS) and Crude Oil Calendar Swap (CS)
 
Contract
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
CL
$3,000
$3,500
$3,300
$3,850
$4,050
$4,725
WS
$3,000
$3,500
$3,300
$3,850
$4,050
$4,725
CS
$3,000
$3,500
$3,300
$3,850
$4,050
$4,725


NYMEX Division Outright (Scan) Margins on NYMEX miNY Crude Oil Contract( QM)
 
Contract
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
QM
$1,500
$1,750
$1,650
$1,925
$2,025
$2,363


This notice supersedes all previous notices regarding outright margins for Crude Oil Futures Contract, Crude Oil Calendar Swap, Globex Financial Crude Oil Contract and NYMEX miNY Crude Oil Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com