The world's largest physical commodity futures exchange is to change the margins for its miNY platinum and palladium futures contracts.

The New York Mercantile Exchange (Nymex) will alter margins for its miNY platinum and palladium contracts.

The contracts will begin trading on the CME Globex electronic platform on August 6th for trade date August 7th.

Nymex said that the margin rates for the miNY platinum contract will be $500 for clearing members, $550 for members and $675 for customers.
   
Margins for miNY palladium will be $750 for clearing members, $825 for members, and $1,013 for customers, it added.
   
Nymex said intra-commodity spread margins for the first month of the miNY platinum contract will be $100 for clearing members, $110 for members, and $135 for customers.
   
Intra-commodity spread margins for all other months will be $60 for clearing members, $66 for members, and $81 for customers.
   
For miNY palladium, intra-commodity spread margins for the first month will be $125 for clearing members, $138 for members, and $169 for customers.

For all other months, they will be $75 for clearing members, $83 for members, and $101 for customers.

Ÿ Adfero Ltd