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Outright Margins
  Clearing Member/ Maintenance Member & Hedge Customer Non-Member Customer
100% 100% 135%
All Months $2,250 $2,250 $3,038


Intra-Commodity / Inter-Month Spreads
  Clearing Member/ Maintenance Member & Hedge Customer Non-Member Customer
100% 100% 135%
All Months
$80
$80
$108


Inter-Exchange Spreads
Spread Ratio Clearing Member/Member/Hedge Non-Member
COMEX Full Margin COMEX Spread Charge COMEX Spread Credit COMEX Full Margin COMEX Spread Charge COMEX Spread Credit
COMEX/LME 1:1 $2,250 $500 $1,000 $3,038 $675 $2,363


SPAN Parameters
Volatility Scan Range Extreme Move Value Extreme Move Coverage Short Option Minimum
2.5% 3 33% $10

 
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