New York Mercantile Exchange To Increase Margins For Gasoline Futures, Swap Futures, And Crack Spread Swap Futures

The New York Mercantile Exchange, Inc., will increase the margins on its gasoline futures, gasoline calendar swap futures, and New York harbor gasoline crack spread swap futures at the close of business Monday.

The margins for all months of gasoline futures and calendar swap futures will increase to $3,500 from $2,500 for clearing members, to $3,850 from $2,750 for members, and to $4,725 from $3,375 for customers.

The margins for all months of New York harbor gasoline crack spread swap futures will be increased to $2,100 from $1,680 for clearing members, to $2,310 from $1,848 for members, and to $2,835 from $2,268 for customers.