Enron Mail

From:exchangeinfo@nymex.com
To:tana.jones@enron.com
Subject:(00-351) REVISED Platinum Margin Change
Cc:
Bcc:
Date:Wed, 11 Oct 2000 05:26:00 -0700 (PDT)

Notice No. 00-351
October 10, 2000

TO:
ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE

Effective Date: Wednesday, October 11, 2000 (close of business)

Futures Contract: Platinum

Contract Months: October

Rate Change:

NYMEX Division Margins on Platinum Futures Contracts

Effective Date: October 11, 2000

Clearing Member (Maintenance Margin) Old: $1,600 New: $3,600

Member Customer (Initial Margin) Old: $1,760 New: $3,960

Non-Member Customer (Initial Margin) Old: $2,160 New: $4,860

Should you have any questions regarding these changes, please contact Artie
McCoy at (212) 299-2928, Bill Doherty at (212) 299-2925, or Joe Sanguedolce
at (212) 299-2855. This notice supersedes all previous notices regarding
outright margins for the NYMEX Platinum Futures Contract.


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