NYMEX To Change Margins For Middle Eastern Gulf To Japan Freight Futures Contract

The New York Mercantile Exchange, Inc. today announced margin changes for its TD3 – Middle Eastern Gulf to Japan freight futures contract, beginning at the close of business on Thursday.

Margins will increase to $1,500 from $750 for clearing members, to $1,650 from $825 for members, and to $2,025 from $1,013 for customers.