The initial margins on e-miNY crude oil futures will be $800 for NYMEX Division clearing member firms; $880 for NYMEX Division members; and $1,080 for customers. The initial margins on e-miNY natural gas futures will be $1,000 for NYMEX Division clearing member firms; $1,100 for NYMEX Division members; and $1,350 for customers.
The intra-commodity spread margin rates for the e-miNY crude oil futures contract will be $160 for NYMEX Division clearing member firms; $176 for NYMEX Division members; and $216 for customers. The intra-commodity spread margin rates for the e-miNY natural gas futures contract will be $200 for NYMEX Division clearing member firms; $220 for NYMEX Division members; and $270 for customers.
Margins on spreads between the two e-miNY energy futures contracts will be $1,080 for NYMEX Division clearing member firms; $1,188 for NYMEX Division members; and $1,458 for customers.
Margins between either e-miNY contract and the underlying standard-sized contract will be reduced, with the rates varying based on the ratio of the e-miNY to the standard-sized futures contract.
