New York Mercantile Exchange To Decrease Margins In Palladuim Futures

The New York Mercantile Exchange, Inc., will decrease the margins on its NYMEX Division palladium futures contract at the close of business tomorrow.

Margins for all months will decrease to $2,000 from $2,500 for clearing members, to $2,200 from $2,750 for members, and to $2,700 from $3,375 for customers.