The New York Mercantile Exchange, Inc. today announced margin rates the 10 new cash-settled diesel swap futures contracts that will begin trading on February 25 for trade date February 26.
Margins for the Gulf Coast low sulfur diesel, Gulf Coast ultra low sulfur diesel, New York low sulfur diesel, and New York ultra low sulfur diesel swap futures contracts will be $4,250 for clearing members, $4,675 for members, and $5,738 for customers.
The margins for the Gulf Coast low sulfur diesel, Gulf Coast ultra low sulfur diesel, New York low sulfur diesel, and New York ultra low sulfur diesel crack spread swap futures contracts will be $3,500 for clearing members, $3,850 for members, and $4,725 for customers.
The margins for the Up-down Gulf Coast low sulfur diesel vs NYMEX heating oil and the Up-down Gulf Coast ultra low sulfur diesel vs NYMEX heating oil spread swap futures contracts will be $1,000 for clearing members, $1,100 for members, and $1,350 for customers.
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NYMEX Announces Margins For New Diesel Swap Futures Contracts
Date 23/02/2007
