  |
 |
|
 |
 |
 |
 |
 |
 |
 |
| NYMEX Division Margin Requirements |
 |
 |
| Commodity |
Outright
Margins |
Additional
Spot Month Assessment |
Intra/Inter
Commodity Straddle Margins |
| Symbol |
Name |
Clearing Member/ Maintenance |
Member Customer Initial |
Non-Member Customer
Initial |
Tier 1† |
Tier 2† |
Tier 3† |
Tier 4† |
Tier 5† |
Tier 6† |
Tier 7 |
Tier 8† |
Tier 9† |
| CL |
Crude Oil |
$7,250 |
$7,975 |
$9,788 |
$3,0001 |
$400 |
$250 |
$150 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 1) |
$7,250 |
$7,975 |
$9,788 |
$3,0001 |
$750 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 2) |
$7,250 |
$7,975 |
$9,788 |
N/A |
N/A |
$500 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 3) |
$7,500 |
$8,250 |
$10,125 |
N/A |
N/A |
N/A |
$500 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 4) |
$7,750 |
$8,525 |
$10,463 |
N/A |
N/A |
N/A |
N/A |
$500 |
N/A |
N/A |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 5) |
$5,500 |
$6,050 |
$7,425 |
N/A |
N/A |
N/A |
N/A |
N/A |
$500 |
N/A |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 6) |
$5,500 |
$6,050 |
$7,425 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$500 |
N/A |
N/A |
N/A |
| NG |
Natural Gas (Tier 7) |
$4,500 |
$4,950 |
$6,075 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$500 |
N/A |
N/A |
| NG |
Natural Gas (Tier 8) |
$4,250 |
$4,675 |
$5,738 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$500 |
N/A |
| NG |
Natural Gas (Tier 9) |
$3,750 |
$4,125 |
$5,063 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$250 |
| HO |
Heating Oil (Tier 1) |
$7,500 |
$8,250 |
$10,125 |
$3,0001 |
$250 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| HO |
Heating Oil (Tier 2) |
$7,000 |
$7,700 |
$9,450 |
N/A |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| HO |
Heating Oil (Tier 3) |
$6,250 |
$6,875 |
$8,438 |
N/A |
N/A |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| HO |
Heating Oil (Tier 4) |
$5,750 |
$6,325 |
$7,763 |
N/A |
N/A |
N/A |
N/A |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| RB |
RBOB Gasoline (Tier 1) |
$7,250 |
$7,975 |
$9,788 |
$3,0001 |
$200 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RB |
RBOB Gasoline (Tier 2) |
$6,750 |
$7,425 |
$9,113 |
N/A |
N/A |
$200 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RB |
RBOB Gasoline (Tier 3) |
$6,250 |
$6,875 |
$8,438 |
N/A |
N/A |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RB |
RBOB Gasoline (Tier 4) |
$6,000 |
$6,600 |
$8,100 |
N/A |
N/A |
N/A |
NA |
$200 |
N/A |
N/A |
N/A |
N/A |
N/A |
| RE |
Russian Export Blend Crude Oil (REBCO)
|
$7,500 |
$8,250 |
$10,125 |
N/A |
$400 |
$250 |
$150 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| PN |
Propane Gas |
$3,250 |
$3,575 |
$4,388 |
$3,0001 |
$400 |
$250 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QL |
CAPP Coal |
$11,000 |
$12,100 |
$14,850 |
$3,0001 |
$400 |
$250 |
$150 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| QP |
PRB Coal Swap |
$2,500 |
$2,750 |
$3,375 |
N/A |
$400 |
$250 |
$150 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| QX |
CSX Coal Swap |
$5,000 |
$5,500 |
$6,750 |
N/A |
$250 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| PL |
Platinum |
$6,000 |
$6,600 |
$8,100 |
$1,0002 |
$500 |
$300 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| PA |
Palladium |
$2,750 |
$3,025 |
$3,713 |
$1,0002 |
$500 |
$300 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| CH |
Heating Oil Crack Spread Options |
$600 |
$660 |
$810 |
N/A |
$200 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| CG |
Gasoline Crack Spread Options |
$600 |
$660 |
$810 |
N/A |
$200 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QE |
New York Harbor Ethanol |
$4,500 |
$4,950 |
$6,075 |
$3,0005 |
$400 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
|
| CME Globex® Listed Financially-Settled & miNY™
Futures |
 |
 |
| Commodity |
Outright
Margins |
Additional
Spot Month Assessment |
Intra/Inter
Commodity Straddle Margins |
| Symbol |
Name |
Clearing Member/ Maintenance |
Member Customer Initial |
Non-Member Customer
Initial |
Tier 1† |
Tier 2† |
Tier 3† |
Tier 4† |
Tier 5† |
Tier 6† |
Tier 7 |
Tier 8† |
Tier 9† |
| UX |
Uranium |
$2,000 |
$2,000 |
$2,700 |
N/A |
$500 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QM |
NYMEX miNY Crude Oil |
$3,625 |
$3,988 |
$4,894 |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| BB |
Brent Crude Oil |
$7,000 |
$7,700 |
$9,450 |
N/A |
$400 |
$250 |
$150 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| BZ |
Brent Crude Oil - Last Day |
$7,000 |
$7,700 |
$9,450 |
N/A |
$400 |
$250 |
$150 |
$100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| CY |
Brent Crude Oil |
$7,000 |
$7,700 |
$9,450 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| WX |
NYMEX 321 PLUS Index |
$2,500 |
$2,750 |
$3,375 |
N/A |
$300 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 1) |
$1,813 |
$1,994 |
$2,447 |
N/A |
$188 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 2) |
$1,813 |
$1,994 |
$2,447 |
N/A |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 3) |
$1,875 |
$2,063 |
$2,531 |
N/A |
N/A |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 4) |
$1,938 |
$2,131 |
$2,616 |
N/A |
N/A |
N/A |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 5) |
$1,375 |
$1,513 |
$1,856 |
N/A |
N/A |
N/A |
N/A |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 6) |
$1,375 |
$1,513 |
$1,856 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$125 |
N/A |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 7) |
$1,125 |
$1,238 |
$1,519 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$125 |
N/A |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 8) |
$1,063 |
$1,169 |
$1,434 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$125 |
N/A |
| QG |
NYMEX miNY Natural Gas (Tier 9) |
$938 |
$1,031 |
$1,266 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
$63 |
| QH |
NYMEX miNY Heating Oil (Tier 1) |
$3,750 |
$4,125 |
$5,063 |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QH |
NYMEX miNY Heating Oil (Tier 2) |
$3,500 |
$3,850 |
$4,725 |
N/A |
N/A |
$75 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QH |
NYMEX miNY Heating Oil (Tier 3) |
$3,125 |
$3,438 |
$4,219 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QH |
NYMEX miNY Heating Oil (Tier 4) |
$2,875 |
$3,163 |
$3,881 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RT |
RBOB Gasoline (Tier 1) |
$7,250 |
$7,975 |
$9,788 |
N/A |
$200 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RT |
RBOB Gasoline (Tier 2) |
$6,750 |
$7,425 |
$9,113 |
N/A |
N/A |
$200 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RT |
RBOB Gasoline (Tier 3) |
$6,250 |
$6,875 |
$8,438 |
N/A |
N/A |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| RT |
RBOB Gasoline (Tier 4) |
$6,000 |
$6,600 |
$8,100 |
N/A |
N/A |
N/A |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
| LR |
Gulf Coast Gasoline |
$4,000 |
$4,400 |
$5,400 |
$3,000 |
$500 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| LU |
Gulf Coast Ultra Low Sulfur Diesel (ULSD) |
$6,000 |
$6,600 |
8,100 |
$3,000 |
$480 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QU |
NYMEX miNY Gasoline (Tier 1) |
$3,625 |
$3,988 |
$4,894 |
N/A |
$125 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QU |
NYMEX miNY Gasoline (Tier 2) |
$3,375 |
$3,713 |
$4,556 |
N/A |
$250 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QU |
NYMEX miNY Gasoline (Tier 3) |
$3,125 |
$3,438 |
$4,219 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QU |
NYMEX miNY Gasoline (Tier 4) |
$3,000 |
$3,000 |
$4,050 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QC |
COMEX miNY Copper |
$2,875 |
$2,875 |
$3,882 |
N/A |
$40 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QO |
COMEX miNY Gold |
$2,000 |
$2,000 |
$2,700 |
N/A |
$25 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QI |
COMEX miNY Silver |
$2,875 |
$2,875 |
$3,882 |
N/A |
$40 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QS |
COMEX Asian Gold |
$1,286 |
$1,286 |
$1,736 |
N/A |
$20 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QR |
NYMEX Asian Platinum |
$1,929 |
$2,122 |
$2,605 |
N/A |
$160 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| QT |
NYMEX Asian Palladium |
$442 |
$486 |
$597 |
N/A |
$80 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| LK |
COMEX London Copper Grade A |
$2,200 |
$2,200 |
$2,970 |
N/A |
$80 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| LZ |
COMEX London SHG Zinc |
$3,000 |
$3,000 |
$4,050 |
N/A |
$160 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| LA |
COMEX London Primary Aluminum |
$1,400 |
$1,400 |
$1,890 |
N/A |
$80 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| CJ |
NYMEX Cocoa |
$2,500 |
$2,750 |
$3,375 |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| KT |
NYMEX Coffee |
$5,000 |
$5,500 |
$6,750 |
N/A |
$150 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| TT |
NYMEX Cotton |
$3,500 |
$3,850 |
$4,725 |
N/A |
$300 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| YO |
NYMEX Sugar #11 |
$1,500 |
$1,650 |
$2,025 |
N/A |
$200 |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| AX |
Ardour Global XL Equity Index Futures |
$3,500 |
$3,850 |
$4,725 |
N/A |
|
|
|
|
|
|
|
|
|
| XC |
NYMEX Crude Oil MACI Index |
$1,450 |
$1,595 |
$1,958 |
N/A |
|
|
|
|
|
|
|
|
|
| XK |
NYMEX Crude Oil Backwardation/Contango Index |
$200 |
$220 |
$270 |
N/A |
|
|
|
|
|
|
|
|
|
| WU |
Nationwide Catastrophe Insurance |
$8,000 |
$8,800 |
$10,800 |
N/A |
|
|
|
|
|
|
|
|
|
| WY |
Texas to Maine (except Florida) Catastrophe Insurance |
$3,500 |
$3,850 |
$4,725 |
N/A |
|
|
|
|
|
|
|
|
|
| WF |
Florida Catastrophe Insurance |
$3,500 |
$3,850 |
$4,725 |
N/A |
|
|
|
|
|
|
|
|
|
|
| COMEX Division Margin Requirements |
 |
 |
| Commodity |
Outright Margins |
Intra-Commodity / Inter-Month
Spreads |
| Symbol |
Name |
Clearing Member/ Maintenance |
Member & Hedge Customer |
Non-Member Customer |
Clearing Member/ Maintenance |
Member & Hedge Customer |
Non-Member Customer |
| AL |
Aluminum |
$2,250 |
$2,250 |
$3,038 |
$80 |
$80 |
$108 |
| HG |
Copper |
$5,750 |
$5,750 |
$7,763 |
$80 |
$80 |
$108 |
| GC |
Gold |
$4,000 |
$4,000 |
$5,400 |
$50 |
$50 |
$68 |
| SI |
Silver |
$5,750 |
$5,750 |
$7,763 |
$80 |
$80 |
$108 |
|
| NYMEX ClearPort Margin Requirements |
 |
 |
| Commodity |
Outright Margins |
Additional Spot Month Assessment
3, 4 |
Intra-Commodity / Inter-Month
Spreads |
| Symbol |
Name |
Clearing Member/ Maintenance |
Member Initial |
Non-Member Customer Initial |
Clearing Member/ Maintenance |
Member Initial |
Non-Member Customer Initial |
Natural Gas Markets |
| NN |
Henry Hub Swap (Tier 1) |
$1,813 |
$1,994 |
$2,447 |
$750 |
$188 |
$206 |
$253 |
| NN |
Henry Hub Swap (Tier 2) |
$1,813 |
$1,994 |
$2,447 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 3) |
$1,875 |
$2,063 |
$2,531 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 4) |
$1,938 |
$2,131 |
$2,616 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 5) |
$1,375 |
$1,513 |
$1,856 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 6) |
$1,375 |
$1,513 |
$1,856 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 7) |
$1,125 |
$1,238 |
$1,519 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 8) |
$1,063 |
$1,169 |
$1,434 |
N/A |
$125 |
$138 |
$169 |
| NN |
Henry Hub Swap (Tier 9) |
$938 |
$1,031 |
$1,266 |
N/A |
$63 |
$69 |
$84 |
| NP |
Henry Hub Penultimate Swap (Tier 1) |
$1,813 |
$1,994 |
$2,447 |
N/A |
$188 |
$206 |
$253 |
| NP |
Henry Hub Penultimate Swap (Tier 2) |
$1,813 |
$1,994 |
$2,447 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 3) |
$1,875 |
$2,063 |
$2,531 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 4) |
$1,938 |
$2,131 |
$2,616 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 5) |
$1,375 |
$1,513 |
$1,856 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 6) |
$1,375 |
$1,513 |
$1,856 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 7) |
$1,125 |
$1,238 |
$1,519 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 8) |
$1,063 |
$1,169 |
$1,434 |
N/A |
$125 |
$138 |
$169 |
| NP |
Henry Hub Penultimate Swap (Tier 9) |
$938 |
$1,031 |
$1,266 |
N/A |
$63 |
$69 |
$84 |
| HP |
Natural Gas Penultimate (Tier 1) |
$7,250 |
$7,975 |
$9,788 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 2) |
$7,250 |
$7,975 |
$9,788 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 3) |
$7,500 |
$8,250 |
$10,125 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 4) |
$7,750 |
$8,525 |
$10,463 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 5) |
$5,500 |
$6,050 |
$7,425 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 6) |
$5,500 |
$6,050 |
$7,425 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 7) |
$4,500 |
$4,950 |
$6,075 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 8) |
$4,250 |
$4,675 |
$5,738 |
N/A |
|
|
|
| HP |
Natural Gas Penultimate (Tier 9) |
$3,750 |
$4,125 |
$5,063 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 1) |
$7,250 |
$7,975 |
$9,788 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 2) |
$7,250 |
$7,975 |
$9,788 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 3) |
$7,500 |
$8,250 |
$10,125 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 4) |
$7,750 |
$8,525 |
$10,463 |
N/A |
|
|
|
| HH |
Natural Gas Penultimate (Tier 5) |
$5,500 |
$6,050 |
$7,425 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 6) |
$5,500 |
$6,050 |
$7,425 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 7) |
$4,500 |
$4,950 |
$6,075 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 8) |
$4,250 |
$4,675 |
$5,738 |
N/A |
|
|
|
| HH |
Natural Gas Last Day (Tier 9) |
$3,750 |
$4,125 |
$5,063 |
N/A |
|
|
|
| WS |
Crude Oil |
$7,250 |
$7,975 |
$9,788 |
N/A |
|
|
|
| BH |
Heating Oil (Tier 1) |
$7,500 |
$8,250 |
$10,125 |
N/A |
|
|
|
| BH |
Heating Oil (Tier 2) |
$7,000 |
$7,700 |
$9,450 |
N/A |
|
|
|
| BH |
Heating Oil (Tier 3) |
$6,250 |
$6,875 |
$8,438 |
N/A |
| | | |