05/16/2008
Futures Contracts: New York Harbor Heating Oil Crack Spread Calendar Swap Futures (HK) and RBOB Crack Spread Swap (RM)
Contract Months: All Months
HK Intra -Commodity Spread and Scan Tiers
Tiers |
New |
Old |
1 |
1st Nearby |
1st Nearby |
2 |
2nd Nearby |
2nd thru 7th Nearby |
3 |
3rd thru 11th Nearby |
8th thru 10th Nearby |
4 |
Greater than the 11th Nearby |
Greater than the 10th Nearby |
RM Intra-Commodity Spread and Scan Tiers
Tiers |
New |
Old |
1 |
1st Nearby |
1st Nearby |
2 |
2nd thru 4th Nearby |
2nd thru 5th Nearby |
3 |
5th thru 11th Nearby |
Greater than the 5th Nearby |
4 |
Greater than the 11th Nearby |
N/A |
NYMEX Division Outright (Scan) Margins on HK and RM
| Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
||||
New |
Old |
New |
Old |
New |
Old |
|
| HK-Tier 1 | $3,150 | $2,750 | $3,465 | $3,025 | $4,253 | $3,713 |
| HK-Tier 2 | $3,050 | $2,500 | $3,355 | $2,750 | $4,118 | $3,375 |
| HK-Tier 3 | $2,900 | $1,500 | $3,190 | $1,650 | $3,915 | $2,025 |
| HK-Tier 4 | $2,800 | $1,500 | $3,080 | $1,650 | $3,780 | $2,025 |
| RM-Tier 1 | $2,950 | $5,000 | $3,245 | $5,500 | $3,983 | $6,750 |
| RM-Tier 2 | $2,850 | $3,000 | $3,135 | $3,300 | $3,848 | $4,050 |
| RM-Tier 3 | $2,700 | $2,000 | $2,970 | $2,200 | $3,645 | $2,700 |
| RM-Tier 4 | $2,650 | N/A | $2,915 | N/A | $3,578 | N/A |
NYMEX Division Intra-Commodity Spread Margins on RM
| Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
||||
New |
Old |
New |
Old |
New |
Old |
|
| RM-Tier 1 | $100 | $100 | $110 | $110 | $135 | $135 |
| RM-Tier 2 | $100 | $100 | $110 | $110 | $135 | $135 |
| RM-Tier 3 | $100 | $100 | $110 | $110 | $135 | $135 |
| RM-Tier 4 | $100 | N/A | $110 | N/A | $135 | N/A |