Margins for the spot month will be $3,500 for clearing members, $3,850 for members, and $4,725 for customers. The rates for the second and third months will be $4,000 for clearing members, $4,400 for members, and $5,400 for customers. Margins for the fourth month will be $2,500 for clearing members, $2,750 for members, and $3,375 for customers. The rates for the fifth through seventh months will be $2,000 for clearing members, $2,200 for members, and $2,700 for customers. The rates for the eighth and ninth months will be $2,500 for clearing members, $2,750 for members, and $3,375 for customers. Margins for the 10th through 13th months will be $2,000 for clearing members, $2,200 for members, and $2,700 for customers. Margins for all other months will be $2,500 for clearing members, $2,750 for members, and $3,375 for customers.
Margin rates for intra-commodity spreads involving the spot month will be $2,000 for clearing members, $2,200 for members, and $2,700 for customers. Margins on spreads involving the second and third months will be $2,500 for clearing members, $2,750 for members, and $3,375 for customers. Margins on spreads involving the fourth through seventh months will be $1,500 for clearing members, $1,650 for members, and $2,025 for customers. Margins on spreads involving the eighth and ninth months will be $2,000 for clearing members, $2,200 for members, and $2,700 for customers. Margins on spreads involving the 10th through 13th months will be $1,500 for clearing members, $1,650 for members, and $2,025 for customers. Margins on spreads between all other months will be $2,000 for clearing members, $2,200 for members, and $2,700 for customers.
