The New York Mercantile Exchange, Inc. today announced margin changes for its gold, COMEX miNYTM gold, silver, and COMEX miNY silver futures contracts, beginning at the close of business tomorrow.
Margins for the gold futures contract will decrease to $2,000 from $2,500 for clearing and nonclearing members and to $2,700 from $3,375 for customers. The margins for the COMEX miNY gold futures contract will decrease to $1,000 from $1,250 for clearing and non–clearing members and to $1,350 from $1,688 for customers.
Margins for the silver futures contract will decrease to $3,500 from $4,000 for clearing and non–clearing members and to $4,725 from $5,400 for customers. The margins for the COMEX miNY silver futures contract will decrease to $1,750 from $2,000 for clearing and non–clearing members and to $2,363 from $2,700 for customers.
FTSE Mondo Visione Exchanges Index:
NYMEX To Change Margins For Gold And Silver Futures Contracts
Date 20/12/2006
