The New York Mercantile Exchange, Inc. today announced the margins for the new COMEX futures contracts that will be offered for trading on CME Globex on December 3 for trade date December 4.
Margins for the COMEX miNY gold futures contract will be $1,250 for clearing and non-clearing members and $1,688 for customers. Spread margins will be $25 for clearing and non-clearing members and $34 for customers.
Margins for the COMEX miNY silver futures contract will be $2,000 for clearing and non-clearing members and $2,700 for customers. Spread margins will be $40 for clearing and non-clearing members and $54 for customers.
Margins for the COMEX miNY copper futures contract will be $2,500 for clearing and non-clearing members and $3,375 for customers. Spread margins will be $40 for clearing and non-clearing members and $54 for customers.
Margins for the Asian gold futures contract will be $800 for clearing and non-clearing members and $1,080 for customers. Spread margins will be $20 for clearing and non-clearing members and $27 for customers.
Margins for the Asian platinum futures contract will be $960 for clearing members, $1,056 for non-clearing members, and $1,296 for customers. Spread margins will be $160 for clearing members, $176 for non-clearing members, and $216 for customers.
Margins for the Asian palladium futures contract will be $320 for clearing members, $352 for non-clearing members, and $432 for customers. Spread margins will be $80 for clearing members, $88 for non-clearing members, and $108 for customers.
Margins for the London copper grade A futures contract will be $2,200 for clearing and non-clearing members and $2,970 for customers. Spread margins will be $80 for clearing and non-clearing members and $108 for customers.
Margins for the London aluminium futures contract will be $1,400 for clearing and non-clearing members and $1,890 for customers. Spread margins will be $80 for clearing and non-clearing members and $108 for customers.
Margins for the London SGH zinc futures contract will be $3,000 for clearing and non-clearing members and $4,050 for customers. Spread margins will be $160 for clearing and non-clearing members and $216 for customers.
