The New York Mercantile Exchange, Inc. today announced margin changes for its copper and aluminum futures contracts, beginning at the close of business tomorrow.
Margins for the copper futures contract will decrease to $6,000 from $7,000 for clearing and non-clearing members and to $8,100 from $9,450 for customers.
Margins for the aluminum futures contract will decrease to $2,500 from $3,250 for clearing and non-clearing members and to $3,375 from $4,388 for customers.