.jpg)
Effective with the commencement of trading scheduled for Friday, February 13, 2004, the margin requirements are as follows:
SMALL U.S. DOLLAR/JAPANESE YEN (SN)
Initial Maintenance
Spec (Per Contract) 149,625 JY 112,500 JY
Hedge (Per Contract) 112,500 JY 112,500 JY
Hedge-Straddle 15,000 JY 15,000 JY
Spec-Straddle 19,950 JY 15,000 JY
SMALL U.S. DOLLAR/SWISS FRANC (MF)
Initial Maintenance
Spec (Per Contract) 2,993 SF 2,250 SF
Hedge (Per Contract) 2,250 SF 2,250 SF
Hedge-Straddle 300 SF 300 SF
Spec-Straddle 399 SF 300 SF
SMALL U.S. DOLLAR/CANADIAN DOLLAR (SV)
Initial Maintenance
Spec (Per Contract) 2,660 CD 2,000 CD
Hedge (Per Contract) 2,000 CD 2,000 CD
Hedge-Straddle 125 CD 125 CD
Spec-Straddle 166 CD 125 SF
SMALL U.S. DOLLAR/BRITISH POUND (MP)
Initial Maintenance
Spec (Per Contract) 2,128 USD 1,600 USD
Hedge (Per Contract) 1,600 USD 1,600 USD
Hedge-Straddle 125 USD 125 USD
Spec-Straddle 166 USD 125 USD
Margin rates for all other NYBOT products remain unchanged.
A complete grid of margin rates for all NYBOT products is available on our web page @ www.nybot.com
