New York Mercantile Exchange To Change Margins For Copper Futures Contracts

The New York Mercantile Exchange, Inc. today announced margin changes for its copper futures contracts, effective as of the close of business tomorrow.

Margins for the May 2006 to December 2006 copper futures contracts will increase to $9,000 from $7,500 for clearing and non–clearing members and to $12,150 from $10,125 for customers.

Margins for all other months will increase to $7,500 from $6,000 for clearing and non–clearing members and to $10,125 from $8,100 for customers.