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NYMEX To Change Margins On Gasoline Futures Contracts

Date 18/04/2006

The New York Mercantile Exchange, Inc., today announced margin changes for its unleaded gasoline, NYMEX miNYTM gasoline, New York Harbor gasoline calendar swap, and New York Harbor gasoline blendstock futures contracts, as of the close of business on April 19.

Margins for the first month of the unleaded gasoline, New York Harbor gasoline calendar swap, and New York Harbor gasoline blendstock futures contracts will increase to $6,000 from $5,500 for clearing members, to $6,600 from $6,050 for members, and to $8,100 from $7,425 for customers. The margins on the second through fifth months will increase to $5,500 from $5,000 for clearing members, to $6,050 from $5,500 for members, and to $7,425 from $6,750 for customers. Margins on all other months will remain unchanged.

The margins on the NYMEX miNYTM gasoline futures contract will increase to $3,000 from $2,750 for clearing members, to $3,300 from $3,025 for members, and to $4,050 from $3,713 for customers.