Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

New Margin Requirements For NYBOT's Coffee Contract

Date 16/10/2002

The New York Board of Trade (NYBOT®) announced today that effective with the opening of business on Friday, October 18, 2002, the Coffee "C" margin requirements are as follows:

COFFEE (KC)
 
Initial
Maintenance
Spec (Per Contract)
2,800 USD
2,000 USD
Hedge (Per Contract)
2,000 USD
2,000 USD

Margin rates for all other NYBOT products remain unchanged. A complete grid of margin rates for all NYBOT products is available at www.nybot.com.The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products.