NYMEX.com: Crude Oil - Financial Contract

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Crude Oil - Financial Contract




		Contract Detail

		Description


		Specifications


		Margins


		Termination Schedule

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	$12,488 (Aug08 thru Dec08)				$10,175 (Aug08 thru Dec08)				$9,250 (Aug08 thru Dec08)

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	$11,813 (all other months)				$9,625 (all other months)				$8,750 (all other months)

	Inter-Commodity Straddle Margin



	Tier 1 - Any Spread				$450

	Spread				Priority				Ratio				Credit



	WS:BB				45				1:1				98

NOTES:

Intra-Commodity Spread Tiers
*	Group (Tier) 1: 1st nearby
	Group (Tier) 2: 2nd - 18th nearby
	Group (Tier) 3: 19th - 42nd nearby
	Group (Tier) 4: Greater than 42nd nearby

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