Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nymex To Increase Light, Sweet Crude Oil And Natural Gas Margins

Date 28/11/2001

The New York Mercantile Exchange, Inc., today announced that it would raise the margins on its natural gas and light, sweet crude oil futures contracts at the close of business tomorrow.

The natural gas futures margins will be increased to $4,500 from $3,500 for clearing members; to $4,950 from $3,850 for members; and to $6,075 from $4,725 for customers.

The light, sweet crude oil futures margins will be increased to $2,500 from $2,000 for clearing members; to $2,750 from $2,200 for members; and to $3,375 from $2,700 for customers.

Confinity_sky1-min.gif MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg
Confinity_sky1-min.gif MV 120 X 600 Hard to Reach BT_Radianz_120x600_Jul23.jpg