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NYMEX To Change Margins For Heating Oil, Related Futures Contracts

Date 11/07/2008

P> The New York Mercantile Exchange, Inc. announced today that it will change margins for the heating oil, New York Harbor heating oil calendar swap, heating oil financial, and NYMEX miNY(TM) heating oil futures contracts, beginning at the close of business on Monday, July 14.

Margins for the first month of the heating oil, New York Harbor heating oil calendar swap, and heating oil financial futures contracts will increase to $10,500 from $10,250 for clearing members, to $11,550 from $11,275 for members, and to $14,175 from $13,838 for customers. Margins for the second month will increase to $10,250 from $9,750 for clearing members, to $11,275 from $10,725 for members, and to $13,838 from $13,163 for customers. Margins for the third through ninth months will increase to $10,000 from $9,250 for clearing members, to $11,000 from $10,175 for members, and to $13,500 from $12,488 for customers. The margins for all other months will increase to $8,750 from $8,250 for clearing members, to $9,625 from $9,075 for members, and to $11,813 from $11,138 for customers.

Margins for the first month of NYMEX miNY heating oil futures contract will increase to $5,250 from $5,125 for clearing members, to $5,775 from $5,638 for members, and to $7,088 from $6,919 for customers. The margins for the second month will increase to $5,125 from $4,875 for clearing members, to $5,638 from $5,363 for members, and to $6,919 from $6,581 for customers. Margins for the third through ninth months will increase to $5,000 from $4,625 for clearing members, to $5,500 from $5,088 for members, and to $6,750 from $6,244 for customers. Margins for all other months will increase to $4,375 from $4,125 for clearing members, to $4,813 from $4,538 for members, and to $5,906 from $5,569 for customers.