The New York Mercantile Exchange, Inc. today announced margin changes for the Brent bullet swap, Brent crude oil – last day, and Brent (ICE) calendar swap futures contracts on NYMEX ClearPort, beginning at the close of business on June 16.
The margins will increase to $9,500 from $7,000 for clearing members, to $10,450 from $7,700 for members, and to $12,825 from $9,450 for customers.