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The New York Mercantile Exchange, Inc. announced today it will change margins for the RBOB gasoline, RBOB financial, RBOB calendar swap, and NYMEX miNYTM RBOB futures contracts, effective at the close of business tomorrow.
Margins for the first month of the RBOB gasoline, RBOB financial, and RBOB calendar swap futures contracts will increase to $9,000 from $8,750 for clearing members, to $9,900 from $9,625 for members, and to $12,150 from $11,813 for customers. The margins for the second and third months will increase to $8,500 from $8,250 for clearing members, to $9,350 from $9,075 for members, and to $11,475 from $11,138 for customers. Margins for the fourth to 10th months will increase to $7,750 from $7,500 for clearing members, to $8,525 from $8,250 for members, and to $10,463 from $10,125 customers. Margins for all other months will increase to $7,500 from $7,250 for clearing members, to $8,250 from $7,975 for members, and to $10,125 from $9,788 for customers.
Margins for the first month of the NYMEX miNY RBOB gasoline futures contract will increase to $4,500 from $4,375 for clearing members, to $4,950 from $4,813 for members, and to $6,075 from $5,906 for customers. The margins for the second and third months will increase to $4,250 from $4,125 for clearing members, to $4,675 from $4,538 for members, and to $5,738 from $5,569 for customers. Margins for the fourth to 10th months will increase to $3,875 from $3,750 for clearing members, to $4,263 from $4,125 for members, and to $5,231 from $5,063 for customers. Margins for all other months will increase to $3,750 from $3,625 for clearing members, to $4,125 from $3,988 for members, and to $5,063 from $4,894 for customers.
