Notice to Members
Notice No. 549
12/13/2007
Outright (Scan) Margin Rate Changes for the NYMEX ClearPort Crude Oil and Petroleum Related Swap Futures Contracts

EFFECTIVE DATE:             Friday, December 14, 2007 (close of business)          

 

FUTURES CONTRACTS:  

 

Contract Name

Symbol

European Gasoil Bullet Swap

BG

Brent-Dubai Swap Futures

DB

European ULSD 50 PPM CIF MED vs. Gasoil Futures

EE

European Naphtha Crack Spread Futures

EN

European ULSD 50 PPM CIF NWE Swap

ES

East-West Fuel Oil Spread Swap Futures (Platts)

EW

3.5% Fuel Oil Rdam Crack Swap Futures

FO

High-Low Sulfur Fuel Oil Spread Swap Futures (Platts)

FS

Singapore Gasoil v. Rdam Gasoil Swap Futures

GA

Gulf Coast Jet Fuel Calendar Swap

GE

European Gasoil (ICE) Calendar Swap

GX

Japan C&F Naphtha (Platts) Swap

JA

Singapore Jet Kerosene Swap Futures (Platts)

KS

Up-Down Gulf Coast ULSD vs. NYMEX HO Spread Swap (Platts)

LT

Gulf Coast Gasoline vs. Gulf Coast Heat Oil Spread Swap (Platts)

MD

Gulf Coast Jet vs. New York Harbor No. 2 Heating Oil Spread Swap (Platts)

ME

Gulf Coast No. 6 Fuel 3.0% Sulfur Swap (Platts)

MF

Gulf Coast No. 2 Heating Oil Crack Spread Calendar Swap (Platts)

RD

Russian Export Blend Crude Oil (REBCO)

RE

Gulf Coast Unleaded 87 Gasoline Crack Spread Calendar Swap (Platts)

RU

RBOB Up-Down Calendar Swap

RV

Singapore Fuel Oil Spread Swap Futures (Platts)

SD

Singapore Fuel Oil 380 cst Calendar Swap Futures (Platts)

SE

Singapore Gasoil Calendar Swap Futures (Platts)

SG

Singapore Fuel Oil 180cst Calendar Swap

UA

European Gasoil 0.2 Rotterdam Calendar Swap

UG

European Jet Kero NWE Calendar Swap (Northwest Europe)

UJ

European Naphtha Calendar Swap

UN

European 3.5% Fuel Oil Rotterdam Calendar Swap

UV

 

CONTRACT MONTHS:                  All Months

 

NOTE: The revised margins are in bold.

 

 

NYMEX Division Outright (Scan) Margins on The ClearPort Crude Oil and Petroleum Related Swap Futures Contracts

Contract

Clearing Member / Maintenance Margin

Member Customer Initial Margin

Non-Member Customer Initial Margin

 

New

Old

New

Old

New

Old

BG

$45,000

$35,000

$49,500

$38,500

$60,750

$47,250

DB

$2,500

$3,000

$2,750

$3,300

$3,375

$4,050

EE

$9,000

$10,000

$9,900

$11,000

$12,150

$13,500

EN

$2,500

$3,000

$2,750

$3,300

$3,375

$4,050

ES

$50,000

$30,000

$55,000

$33,000

$67,500

$40,500

EW - Tier 1

$8,000

$9,000

$8,800

$9,900

$10,800

$12,150

EW - Tier 2

$4,000

$4,000

$4,400

$4,400

$5,400

$5,400

FO

$4,000

$3,000

$4,400

$3,300

$5,400

$4,050

FS

$9,000

$6,000

$9,900

$6,600

$12,150

$8,100

GA

$2,500

$3,000

$2,750

$3,300

$3,375

$4,050

GE

$6,000

$5,000

$6,600

$5,500

$8,100

$6,750

GX - Tier 1

$40,000

$28,000

$44,000

$30,800

$54,000

$37,800

GX - Tier 2

$35,000

$30,000

$38,500

$33,000

$47,250

$40,500

GX - Tier 3

$30,000

$25,000

$33,000

$27,500

$40,500

$33,750

GX - Tier 4

$25,000

$20,000

$27,500

$22,000

$33,750

$27,000

JA

$40,000

$30,000

$44,000

$33,000

$54,000

$40,500

KS

$6,500

$5,000

$7,150

$5,500

$8,775

$6,750

LT

$3,000

$5,000

$3,300

$5,500

$4,050

$6,750

MD

$4,000

$5,000

$4,400

$5,500

$5,400

$6,750

ME

$1,500

$2,000

$1,650

$2,200

$2,025

$2,700

MF

$4,000

$3,000

$4,400

$3,300

$5,400

$4,050

RD

$3,000

$4,000

$3,300

$4,400

$4,050

$5,400

RE

$5,000

$4,000

$5,500

$4,400

$6,750

$5,400

RU

$3,000

$3,500

$3,300

$3,850

$4,050

$4,725

RV

$1,200

$1,500

$1,320

$1,650

$1,620

$2,025

SD

$3,000

$3,500

$3,300

$3,850

$4,050

$4,725

SE

$23,000

$22,000

$25,300

$24,200

$31,050

$29,700

SG

$6,000

$4,000

$6,600

$4,400

$8,100

$5,400

UA

$23,000

$22,000

$25,300

$24,200

$31,050

$29,700

UG

$30,000

$21,000

$33,000

$23,100

$40,500

$28,350

UJ

$45,000

$35,000

$49,500

$38,500

$60,750

$47,250

UN - Tier 1

$45,000

$35,000

$49,500

$38,500

$60,750

$47,250

UN - Tier 2

$35,000

$35,000

$38,500

$38,500

$47,250

$47,250

UV

$25,000

$22,000

$27,500

$24,200

$33,750

$29,700

 

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com