The New York Board of Trade (NYBOT) announced that effective with the opening of business on Wednesday, July 19, 2006, the margin requirements are as follows:
CONTINUOUS COMMODITY INDEX (CI) for Spec (Per Contract): Initial & maintenance is 5,000 USD (+250). And for Hedge (Per Contract) : Initial & maintenance is 5,000 USD (+250).
Margin rates for all other NYBOT products remain unchanged. A complete grid of margin rates for all NYBOT products is available at www.nybot.com.
The New York Board of Trade (NYBOT) is New York's original futures exchange, where the world trades food, fiber and financial products.
For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, as well as currency and index futures and options.