Margins for the first month of the RBOB bullet swap and RBOB calendar swap futures contracts will be $6,000 for clearing members; $6,600 for members; and $8,100 for customers. The margins for the second through fifth months will be $5,500 for clearing members; $6,050 for members; and $7,425 for customers. Margins on all other months will be $4,500 for clearing members; $4,950 for members; and $6,075 for customers.
The intra–commodity spread margins for the first month through fifth months will be $250 for clearing members; $275 for members; and $338 for customers. Intra–commodity spread margins on all other months will be $200 for clearing members; $220 for members; and $270 for customers.
The margins for the RBOB vs. heating oil swap and RBOB crack spread swap futures contracts will be $2,500 for clearing members; $2,750 for members; and $3,375 for customers.
Intra–commodity spread margins will be $240 for clearing members; $264 for members; and $324 for customers.
Margins for the RBOB up–down calendar swap futures contracts will be $3,000 for clearing members; $3,300 for members; and $4,050 for customers.
Intra–commodity spread margins will be $240 for clearing members; $264 for members; and $324 for customers.
Spot month margins will decline automatically during the pricing month for the RBOB calendar swap, RBOB up–down calendar swap, RBOB vs. heating oil swap, and RBOB crack spread swap futures contracts. The spot month margin will decay by dividing one by the number of business days during the month.
