New York Mercantile Exchange To Increase Margins On Heating Oil Futures And Swap Futures

The New York Mercantile Exchange, Inc., announced today that it will increase the margins on its heating oil futures, New York harbor heating oil calendar swap futures, and New York harbor heating oil crack spread swap futures contracts at the close of business tomorrow.

The margins on the heating oil futures and New York harbor calendar swap futures contracts will increase to $2,750 from $2,500 for clearing members, to $3,025 from $2,750 for members, and to $3,713 from $3,375 for customers.

The margins on the New York harbor heating oil crack spread swap futures will be raised to $1,838 from $1,680 for clearing members, to $2,022 from $1,848 for members, and to $2,481 from $2,268 for customers.