The New York Mercantile Exchange, Inc. today announced margin changes for some of its freight and emissions futures contracts on NYMEX ClearPort® effective at the close of business today.
The margins for the sulfur dioxide emissions futures contract will decrease to $3,000 from $5,000 for clearing members, to $3,300 from $5,500 for members, and to $4,050 from $6,750 for customers.
Margins for the first month of the Tanker Route TC2 Europe to U.S. Atlantic Coast futures contract will increase to $2,000 from $500 for clearing members, to $2,200 from $550 for members, and to $2,700 from $675 for customers. The margins for all other months will decrease to $2,000 from $2,500 for clearing members, to $2,200 from $2,750 for members, and to $2,700 from $3,375 for customers.
FTSE Mondo Visione Exchanges Index:
NYMEX To Change Margins For Emissions And Freight Futures Contracts
Date 09/04/2007