The margins on each of the three contracts will be lowered to $2,000 from $2,500 for clearing members; to $2,200 from $2,750 for members; and to $2,700 from $3,375 for customers.
The margin credit for spreads between the Exchange's light, sweet crude oil futures contract and the International Petroleum Exchange Brent crude oil futures contract will also be lowered to $1,500 from $2,000 for clearing members; to $1,650 from $2,200 for members; and to $2,025 from $2,700 for customers.
