Notice to Members
Notice No. 445
08/27/2008
Performance Bond Requirement Changes -- Heating Oil, New York Harbor Heating Oil Calendar Swap, Heating Oil - Finacial, and NYMEX miNY Heating Oil
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As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed below. The rates are effective at the close of business on Thursday, August 28th, 2008.

TIER CHANGES FOR HEATING OIL (HO), NEW YORK HARBOR HEATING OIL CALENDAR SWAP (MP), HEATING OIL – FINANCIAL CONTRACT (BH) AND NYMEX miNY™ HEATING OIL (QH)

Note: The revised margins are in bold

HO/MP/BH/QH Intra-Commodity Spread and Scan Tiers
 
Tiers
New
Old
1
1st Nearby
1st Nearby
2
2nd Nearby
2nd Nearby
3
3rd - 6th Nearby
3rd - 8th Nearby
4
Greater than the 6th Nearby
Greater than the 8th Nearby
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com