02/26/2008
Effective Date: Wednesday, February 27, 2008 (close of business)
Futures Contracts: Crude Oil Futures Contract (CL), Financial Crude Oil Contract (WS), Crude Oil Calendar Swap (CS) NYMEX miNY Crude Oil Contract (QM)
Contract Months : All Months
Note: The revised margins are in bold.
NYMEX Division Outright (Scan) Margins on Crude Oil Futures Contract (CL),Financial Crude Oil Contract ( WS) and Crude Oil Calendar Swap (CS) |
||||||
Contract/Month |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
|
New |
Old |
New |
Old |
New |
Old |
CL |
$5,250 |
$4,500 |
$5,775 |
$4,950 |
$7,088 |
$6,075 |
WS |
$5,250 |
$4,500 |
$5,775 |
$4,950 |
$7,088 |
$6,075 |
CS |
$5,250 |
$4,500 |
$5,775 |
$4,950 |
$7,088 |
$6,075 |
NYMEX Division Outright (Scan) Margins on NYMEY miNY Crude Oil Contract( QM) |
||||||
Contract/Month |
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
|
New |
Old |
New |
Old |
New |
Old |
QM |
$2,625 |
$2,250 |
$2,888 |
$2,475 |
$3,544 |
$3,038 |
This notice supersedes all previous notices regarding outright margins for Crude Oil Futures Contract, Crude Oil Calendar Swap, Financial Crude Oil Contract and NYMEX miNY Crude Oil Contracts.