Notice to Members
Notice No. 31
01/30/2008
Margin Rate and Inter-Exchange Spread Changes for Platinum Futures
Effective Date:        Thursday, January 31, 2008 (close of business)

Futures Contracts:   Platinum Futures

Contract Months:     All Months

Rate Change:  
NYMEX Division Margin on Platinum (PL) Futures Contacts

Clearing Member Margin:
New: $3,000
Old: $2,000
Member Customer Margin:
New: $3,300
Old: $2,200
Non-Member Customer (Speculative Margin):
New: $4,050
Old: $2,700

Inter-Commodity Spread Margins on Gold and Platinum

Spread Credit
Spread
Ratio
Combined Full Margin
Clearing Member/Member/Hedge Spread Charge
Non-Member Spread Credit
Gold Leg
Platinum Leg
Combined
Gold/Platinum
1:02
Old
$7,000
$550
$743
$2,450
$3,450
$5,900
New
$9,500
$550
$743
$2,950
$5,450
$8,400

NYMEX Division Margin on Platinum (PL) Futures Contacts

Clearing Member Margin:
New: $965
Old: $643
Member Customer Margin:
New: $1,061
Old: $707
Non-Member Customer (Speculative Margin):
New: $1,432
Old: $955


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