05/30/2008
Futures Contracts: DME Brent Crude Oil Financial Contract (ZO), DME Oman Crude Oil Financial Contract (ZG)
Futures Contracts: All Months
Intra-Commodity Spread Tiers for ZO
Tiers |
New |
1 |
1st Nearby |
2 |
2nd - 18th Nearby |
3 |
19th - 42nd Nearby |
4 |
Greater than 42nd Nearby |
Outright (Scan) Tiers for ZO
|
Tiers |
New |
1 |
1st Nearby |
ZO Intra-Commodity Spread Margins
| Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|
New |
New |
New |
|
1 |
$450 |
$495 |
$608 |
2 |
$400 |
$440 |
$540 |
3 |
$300 |
$330 |
$405 |
4 |
$300 |
$330 |
$405 |
NYMEX Clearinghouse Outright (Scan) Margins on ZO
| Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|
New |
New |
New |
|
ZO |
$7,000 |
$7,700 |
$9,450 |
Since the margin rates of DME Oman Crude Oil Financial Contract (ZG) will be reported under the Business Function Combined Commodity Code (BFCC) of DME Oman Crude Oil Futures Contract (OQ), any margin rates (except spot month assessment margins), tier structures, and spread credits related to OQ will be applied to ZG. The following tables show the intra-commodity spread margins and outright margins for ZG.
ZG Intra-Commodity Spread Margins
| Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|
New |
New |
New |
|
1 |
$450 |
$495 |
$608 |
2 |
$400 |
$440 |
$540 |
3 |
$300 |
$330 |
$405 |
4 |
$300 |
$330 |
$405 |
NYMEX Clearinghouse Outright (Scan) Margins on ZG
| Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|
New |
New |
New |
|
ZG |
$7,800 |
$8,580 |
$10,530 |