Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nymex To Increase Propane Margins

Date 17/02/2000

The New York Mercantile Exchange yesterday announced that as of the close of business today (Thursday February 17) it will increase the margins on its propane futures contract to $1,900 from $1,400 for clearing members; to $2,090 from $1,540 for members; and from $2,565 from $1,890 for customers.