The New York Mercantile Exchange, Inc. today announced margin rates for its new uranium futures contract that will begin trading on May 6 for trade date May 7.
Margins will be $2,500 for clearing members, $2,750 for members, and $3,375 for customers.
The intra-commodity spread margins will be $500 for clearing members, $550 for members, and $675 for customers.
FTSE Mondo Visione Exchanges Index:
NYMEX Announces Margins For New Uranium Futures Contract
Date 03/05/2007