The New York Mercantile Exchange, Inc. today announced that it will change margins for its PJM Western Hub LMP monthly futures contract, effective at the close of business tomorrow.
Margins for the first month will remain the same. The margins for the second through fourth months will increase to $5,500 from $4,500 for clearing members; to $6,050 from $4,950 for members; and to $7,425 from $6,075 for customers. Margins on all other months will remain unchanged.
