Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

NYMEX To Increase Margins On Crude, Heating Oil, Gasoline.

Date 13/09/2000

The New York Mercantile Exchange will raise the margins on its crude, heating oil and unleaded gasoline futures contracts as of the close of business on September 12. Margins on each of the three contracts will be increased for clearing members to $3,000 from $2,500; for members, to $3,300 from $2,750; and, for customers, to $4,050 from $3,375.