Notice to Members
Notice No. 09
01/10/2008
Margin Rate and Inter-Exchange Spread Changes for Platinum Futures
Effective Date:        Friday, January 11, 2008 (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: $2,000
Old: $2,500
Member Customer Margin:
New: $2,200
Old: $2,750
Non-Member Customer (Speculative Margin):
New: $2,700
Old: $3,375

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
$8,000
$550
$743
$2,450
$4,450
$6,900
New
$7,000
$550
$743
$2,450
$3,450
$5,900

NYMEX Division Margin on Platinum (PL) Futures Contacts

Clearing Member Margin:
New: $643
Old: $804
Member Customer Margin:
New: $707
Old: $884
Non-Member Customer (Speculative Margin):
New: $955
Old: $1,194


This notice supersedes all previous notices regarding outright margin rates for the Platinum and Platinum miNY™ Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com