The New York Mercantile Exchange, Inc. announced today that it will change margins for its copper and COMEX miNYTM copper futures contract, effective at the close of business tomorrow.
Copper futures margins will increase to $5,250 from $4,750 for clearing and non-clearing members and to $7,088 from $6,413 for customers.
Margins for the COMEX miNY copper futures contract wil increase to $2,625 from $2,375 for clearing and non-clearing members and to $3,544 from $3,207 for customers.
