The New York Mercantile Exchange, Inc. today announced margin changes for its Central Appalachian coal futures contract on NYMEX ClearPort, beginning at the close of business tomorrow.
Margins will decrease to $23,000 from $25,000 for clearing members, to $25,300 from $27,500 for members, and to $31,050 from $33,750 for customers.
FTSE Mondo Visione Exchanges Index:
NYMEX To Change Margins For Coal Futures Contracts On NYMEX ClearPort®
Date 21/08/2008