NYMEX To Change Margins For Some NYMEX Softs Futures Contracts

The New York Mercantile Exchange, Inc. today announced margin changes for its NYMEX Cocoa and Sugar No.11 contracts, effective at the close of business on February 21.

Margins for the NYMEX Cocoa futures contract will increase to $2,500 from $1,800 for clearing members, to $2,750 from $1,980 for members, and to $3,375 from $2,430 for customers.

The margins for the NYMEX Sugar No.11 futures contract will increase to $1,500 from $1,000 for clearing members, to $1,650 from $1,100 for members, and to $2,205 from $1,350 for customers.