The New York Mercantile Exchange, Inc. today announced margin changes for some of its carbon and nitrogen oxide based emission allowance futures contracts, beginning at the close of business tomorrow.
Margins for the 2009 vintage of the annual nitrogen oxide emission allowance futures contract will increase to $9,000 from $6,000 for clearing members, to $9,900 from $6,600 for members, and to $12,150 from $8,100 for customers.
Margins for the current vintage of the seasonal nitrogen oxide emission allowance futures contract will decrease to $1,000 from $1,500 for clearing members, to $1,100 from $1,650 for members, and to $1,350 from $2,025 for customers.
Margins for the 2009 vintage of the seasonal nitrogen oxide emission allowance futures contract will increase to $1,500 from $1,200 for clearing members, to $1,650 from $1,320 for members, and to $2,025 from $1,620 for customers.
Margins for the 2010 vintage of the seasonal nitrogen oxide emission allowance futures contract will decrease to $1,000 from $750 for clearing members, to $1,100 from $825 for members, and to $1,350 from $1,013 for customers.
Margins for the 2012 vintage of the seasonal nitrogen oxide emission allowance futures contract will increase to $1,000 from $1,200 for clearing members, to $1,100 from $1,320 for members, and to $1,350 from $1,620 for customers.
Margins for the sulfur dioxide emission allowance futures contract will increase to $9,000 from $7,000 for clearing members, to $9,900 from $7,700 for members, and to $12,150 from $9,450 for customers.