NYMEX Announces Margins For 24 New Crude Oil Swap Futures Contracts On NYMEX Clearport®

The New York Mercantile Exchange, Inc. today announced margins for its 24 new crude oil swap futures contacts on NYMEX ClearPort, beginning on September 20 for trade date October 1.

Margins for the Light Louisiana sweet (Platts) calendar swap; LLS (Platts) trade month swap; LLS (Argus) calendar swap; LLS (Argus) trade month swap; Mars (Platts) calendar swap; Mars (Platts) trade month swap; Mars (Argus) calendar swap; Mars (Argus) trade month swap; West Texas sour (Platts) calendar swap; WTS (Platts) trade month swap; WTS (Argus) calendar swap; and WTS (Argus) trade month swap will be $3,000 for clearing members, $3,300 for members, and $4,050 for customers. Intra-commodity spread margins will be $400 for clearing members, $440 for members, and $540 for customers.

Margins for the LLS (Platts) vs. WTI spread calendar swap; LLS (Platts) vs. WTI spread trade month swap; LLS (Argus) vs. WTI spread calendar swap; LLS (Argus) vs. WTI spread trade month swap; Mars (Platts) vs. WTI spread calendar swap; Mars (Platts) vs. WTI spread trade month swap; Mars (Argus) vs. WTI spread calendar swap; Mars (Argus) vs. WTI spread trade month swap; WTS (Platts) vs. WTI spread calendar swap; WTS (Platts) vs. WTI spread trade month swap; WTS (Argus) vs. WTI spread calendar swap; and WTS (Argus) vs. WTI spread trade month swap will be $600 for clearing members, $660 for members, and $810 for customers. Intra-commodity spread margins will be $100 for clearing members, $110 for members, and $135 for customers.