The New York Mercantile Exchange, Inc. today announced margin changes for its sulfur dioxide and annual nitrogen oxide emission allowance futures contracts, beginning at the close of business on July 16.
Margins for the sulfur dioxide emission allowance futures contract will increase to $8,000 from $7,000 for clearing members, to $8,800 from $7,700 for members, and to $10,800 from $9,450 for customers.
Margins for the 2009 vintage of the annual nitrogen oxide emission allowance futures contract will increase to $12,000 from $6,000 for clearing members, to $13,200 from $6,600 for members, and to $16,200 from $8,100 for customers.
FTSE Mondo Visione Exchanges Index:
NYMEX To Change Margins for Sulfur Dioxide And Annual Nitrogen Oxide Emission Allowance Futures Contracts
Date 14/07/2008