Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

NYBOT Announces New Cocoa Margins

Date 23/03/2005

The New York Board of Trade® (NYBOT®) announced today that effective with the opening of business on Thursday, March 24, 2005, the cocoa margin requirements are as follows:

COCOA (CC)
  Initial   Maintenance
Spec (Per Contract) 1,400 USD (+280 )  1,000 USD  (+200 )
Hedge (Per Contract) 1,000 USD  (+200 )  1,000 USD  (+200 )

Margin rates for all other NYBOT products remain unchanged. A complete grid of margin rates for all NYBOT products is available at www.nybot.com.

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.