Nymex To Change Margins For NYMEX ClearPort® Petroleum Products & Spread Futures Contracts

The New York Mercantile Exchange, Inc., today announced margin increases for petroleum products and spread futures contracts on NYMEX ClearPort®, effective at the close of business today.

Margins on the No. 2 heating oil up-down spread swap futures contract will increase to $500 from $400 for clearing members, to $550 from $440 for members, and to $675 from $540 for customers.

The margins on the unleaded 87 gasoline up-down spread swap futures contract will increase to $725 from $400 for clearing members, to $798 from $440 for members, and to $979 from $540 for customers.

Margins on the Gulf Coast gasoline calendar swap futures contract will increase to $6,000 from $3,500 for clearing members, to $6,600 from $3,850 for members, and to $8,100 from $4,725 for customers.

The margins on the Gulf Coast heating oil calendar swap futures and the Gulf Coast jet fuel calendar swap futures contract will increase to $4,500 from $3,250 for clearing members, to $4,950 from $3,575 for members, and to $6,075 from $4,388 for customers.

Margins on the first month of New York Harbor heating oil crack spread calendar swap futures contract will increase to $3,500 from $2,100 for clearing members, to $3,850 from $2,310 for members, and to $4,725 from $2,835 for customers. The margins on the second to seventh month will increase to $3,413 from $2,013 for clearing members, to $3,754 from $2,214 for members, and to $4,608 from $2,718 for customers. Margins on the eight through 10th month will increase to $3,238 from $1,750 for clearing members, to $3,562 from $1,925 for members, and to $4,371 from $2,363 for customers. The margins on all other months will increase to $2,363 from $1,663 for clearing members, to $ 2,599 from $1,829 for members, and to $3,190 from $2,245 for customers.

Margins on the New York Harbor gasoline crack spread calendar swap futures contract will increase to $4,550 from $2,100 for clearing members, to $5,005 from $2,310 for members, and to $6,143 from $2,835 for customers.

The margins on the Gulf Coast No. 2 heating oil crack spread swap futures contract will increase to $3,150 from $2,100 for clearing members, to $3,465 from $2,310 for members, and to $4,253 from $2,835 for customers.

Margins on the Gulf Coast unleaded 87 gasoline crack spread swap futures contract will increase to $3,675 from $2,100 for clearing members, to $4,043 from $2,310 for members, and to $4,961 from $2,835 for customers.

Margins on the Gulf Coast #6 fuel oil crack swap futures contract will increase to $2,415 from $2,400 for clearing members, to $2,657 from $2,640 for members, and to $3,260 from $3,240 for customers.

The margins on the New York Harbor residual fuel crack swap futures contract will increase to $1,725 from $600 for clearing members, to $1,898 from $660 for members, and to $2,329 from $810 for customers.

Margins on the New York Harbor unleaded gasoline vs. New York Harbor No. 2 heating oil spread swap futures contract will increase to $3,500 from $1,750 for clearing members, to $3,850 from $1,925 for members, and to $4,725 from $2,363 for customers.

The margins on the Gulf Coast gasoline vs. Gulf Coast heating oil spread swap futures contract will increase to $2,625 from $1,750 for clearing members, to $2,888 from $1,925 for members, and to $3,544 from $2,363 for customers.

The margins on the Gulf Coast jet vs. New York harbor No. 2 heating oil spread swap futures contract will increase to $500 from $350 for clearing members, to $550 from $385 for members, and to $675 from $473 for customers.