NYBOT Announces New Margin Requirements For Cotton And Finex Contracts

The New York Board of Trade (NYBOT®) announced today that effective with the opening of business on Monday, November 25, 2002, the new margin requirements for Cotton and FINEX futures and option contracts are as defined below.

Please click here to view the new margins in detail.

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 the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com.