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  • Nymex To Raise Palladium Margins

    Date 14/11/2002

    The New York Mercantile Exchange, Inc., today announced that it would increase the margins on its December 2002 palladium futures contracts as of the close of business today to $5,000 from $2,500 for clearing members; to $5,500 from $2,750 for members; and to $6,750 from $3,375 for customers.

  • Nymex Sets Margins For New Products

    Date 14/11/2002

    The New York Mercantile Exchange, Inc., today announced the initial margins for the new contracts that will be introduced tomorrow.

  • NYBOT's European Warehouses To Invoice In U.S. Dollars

    Date 14/11/2002

    The New York Board of Trade (NYBOT®) announced today that since the price of delivery of Exchange Coffee is based on U.S. Dollars, all storage invoicing done by the warehouses and the deliverers shall also be in U.S. Dollars regardless of the delivery port. Under NYBOT's Coffee, Sugar and Cocoa Exchange (CSCE) Coffee "C" rules, it requires the deliverer to give the receiver one business day free of storage and to bill the receiver for any remaining prepaid storage.

  • NYBOT To Waive Exchange Fees

    Date 14/11/2002

    The New York Board of Trade (NYBOT®) announced today that its Board of Governors has determined to waive exchange fees on futures and option contracts executed on behalf of members' and member firms' proprietary accounts. The fee waiver will commence on Monday, November 18, 2002 and remain in effect through Tuesday, December 31, 2002.

  • NYBOT Amends Cocoa Options Strike Price Rule

    Date 14/11/2002

    The New York Board of Trade (NYBOT®) announced today that effective immediately, its Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) Cocoa Options provide for a strike price interval of $50 up to a price level of $5,000 per metric ton, and for a strike price interval of $100 at a price level above $5,000 per metric ton. The amendments also incorporate the $50 and $100 strike price intervals into the Rule provisions for addition of strike prices and for the delisting of inactive strike prices