The spot month margins will be raised to $4,000 from $2,500 for clearing members; to $4,400 from $2,750 for members; and to $5,400 from $3,375 for customers. Margins in other months will be increased as follows:
Clearing Members | Members | Customers | |
Second Month | $3,500 from $2,500 | $3,850 from $2,750 | $4,725 from $3,375 |
Third through sixth months | $3,000 from $2,000 | $3,300 from $2,200 | $4,050 from $2,700 |
Seventh month and beyond | $2,500 from $1,500 | $2,750 from $1,650 | $3,375 from $2,025 |