The New York Mercantile Exchange, Inc., today announced margin increases for the light, sweet crude oil, WTI calendar swap, Brent crude oil, Brent crude oil calendar swap and light, NYMEX miNYsm crude oil futures contracts, effective at the close of business today.
The margins for the October 2005 to July 2006 contract months for the light, sweet crude oil, WTI calendar swap, Brent crude oil, and Brent crude oil calendar swap futures contracts will increase to $4,500 from $3,500 for clearing members; to $4,950 from $3,850 for members; and to $6,075 from $4,725 for customers.
The margins for the October 2005 to July 2006 contracts months for the NYMEX miNYsm crude oil futures contract will increase to $2,250 from $1,750 for clearing members; to $2,475 from $1,925 for members; and to $3,038 from $2,363 for customers.
FTSE Mondo Visione Exchanges Index:
Nymex Increases Margins For Crude Oil Futures Contracts
Date 30/08/2005
