05/24/2007
FUTURES CONTRACTS: DME Oman Crude Oil Futures Contract (OQ), WTI-Oman Financial Spread Contract (QW), Brent-Oman Financial Spread Contract (QN)
CONTRACT MONTHS: All Months
Outright (Scan) Spread Tiers for OQ, QW, and QN
Tiers |
New |
1 |
All Months |
NYMEX Clearinghouse Outright (Scan) Margins on OQ, QW, and QN
| Commodity |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
New |
New |
New |
|
Oman (OQ) |
$3,450 |
$3,795 |
$4,658 |
WTI-Oman (QW) |
$1,550 |
$1,705 |
$2,093 |
Brent-Oman (QN) |
$1,450 |
$1,595 |
$1,958 |
Intra-Commodity Spread Tiers for OQ
Tiers |
New |
1 |
1st Nearby |
2 |
2nd - 5th Nearby |
3 |
6th - 12th Nearby |
4 |
Greater than 12th Nearby |
Intra-Commodity Spread Tiers for QW and QN
Tiers |
New |
1 |
1st Nearby |
Intra-Commodity Spread Margin for OQ
| Commodity |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
New |
New |
New |
|
1 |
$400 |
$440 |
$540 |
2 |
$250 |
$275 |
$338 |
3 |
$150 |
$165 |
$203 |
4 |
$100 |
$110 |
$135 |
Intra-Commodity Spread Margin for QW and QN
| Commodity |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
New |
New |
New |
|
1 |
$100 |
$110 |
$135 |
Spot Assessment Margins for OQ
| Commodity |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
New |
New |
New |
|
OQ |
$3,000 |
$3,300 |
$4,050 |
The spot month assessment is applied in two increments. First, $100 on positions at the close of business on the business day preceding termination. Second, an additional $2,900 on positions at the close of business on the day of termination.