New York Mercantile Exchange To Change Margins For Silver Futures Contracts

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

Margins for the May 2006 to September 2006 contracts will decrease to $5,250 from $6,000 for clearing and non-clearing members and to $7,088 from $8,100 for customers. Margins for the December 2006 to December 2010 contracts will increase to $5,250 from $4,500 for clearing and non-clearing members and to $7,088 from $6,075 for customers. All other months will remain unchanged.