01/22/2007
Effective Date: Tuesday, January 23, 2007
(close of business)
Futures Contracts: Platinum Futures
Contract Months: All Months
Rate Change:
NYMEX Division Margin on Platinum (PL) Futures Contacts
| Clearing Member Margin: | New: $2,500 |
Old: $3,250 |
| Member Customer Margin: | New: $2,750 |
Old: $3,575 |
| Non-Member Customer (Speculative Margin): | New: $3,375 |
Old: $4,388 |
Inter-Commodity Spread Margins on Gold and Platinum
Spread Credit |
||||||||
Spread |
Ratio |
Combined Full Margin |
Clearing Member/Member/Hedge Spread Charge |
Non-Member Spread Credit |
Gold Leg |
Platinum Leg |
Combined |
|
Gold/Platinum |
1:02 |
Old |
$9,000 |
$550 |
$743 |
$1,950 |
$5,950 |
$7,900 |
New |
$7,000 |
$550 |
$743 |
$1,950 |
$4,450 |
$6,400 |
||
This notice supersedes all previous notices regarding outright margin rates for the Platinum and Platinum miNY™ Contracts.