Nymex To Raise Gasoline Margins

The New York Mercantile Exchange, Inc., today announced that it would increase the margins on its unleaded gasoline futures contracts as of the close of business tomorrow.

The margins will be raised 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.