New NYBOT Cocoa Margin Requirements--Supersedes Oct. 17, 2002 Release

The New York Board of Trade (NYBOT®) announced on October 18 that effective with the opening of business on Monday, October 21, 2002, the cocoa margin requirements are as follows:

COCOA (CC)
	Initial	Maintenance
Spec (Per Contract)	1,960 USD	1,400 USD
Hedge (Per Contract)	1,400 USD	1,400 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.