Notice to Members
Notice No. 118
03/06/2008
Margin Rate Change for Palladium Futures and Asian Palladium Contracts
Effective Date:         Friday, March 7, 2008 (close of business)

Futures Contracts:   Palladium (PA)

Contract Months:     All Months

Rate Change:  
NYMEX Division Margin on Palladium (PA) Futures Contacts
 
New
Old
Member: Clearing & Non-Clearing (Hedge Margin):
$4,000
$3,000
Non-Member Customer (Speculative Margin):
$4,400
$3,300
Non-Member Customer (Speculative Margin):
$5,400
$4,050


NYMEX Division Margin on Asian Palladium (QT) Futures Contacts
 
New
Old
Member: Clearing & Non-Clearing (Hedge Margin):
$643
$482
Non-Member Customer (Speculative Margin):
$707
$530
Non-Member Customer (Speculative Margin):
$868
$651


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