Notice to Members
Notice No. 465
09/08/2008
Performance Bond Requirement Changes for DME Oman Crude Oil and DME Oman Crude Oil Financial Futures Contracts
To receive advanced notification of Performance Bond (margin) changes, through our free automated mailing list, go to: http://www.cmegroup.com/newsletter/web2lead/web2sf-old.html and subscribe to the Performance Bond Rates Advisory Notices listserver.

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 Tuesday, September 9th, 2008.

MARGIN RATE CHANGES FOR DME OMAN CRUDE OIL FUTURES (OQ) AND DME OMAN CRUDE OIL FINANCIAL FUTURES (ZG) CONTRACTS

NYMEX Clearinghouse Outright (Scan) Margins on OQ and ZG
 
Contract
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
OQ/ZG
$10,000
$11,500
$11,000
$12,650
$13,500
$15,525

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com