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NYMEX Announces Margins For New Regional Greenhouse Gas Initiative (RGGI) CO2

Date 21/08/2008

The New York Mercantile Exchange, Inc. today announced margins for its Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance futures contract which will launch on August 24, for the August 25 trade date.   

Margins will be $500 for clearing members, $550 for members, and $675 for customers.

Intra-commodity spread margins will be $100 for clearing members, $110 for members, and $135 for customers.

Spot assessment margins will be $3,000 for clearing members, $3,300 for members, and $4,050 for customers.