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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: yard_man who wrote (259)	2/19/2004 4:37:22 PM
From: mishedlo	Read Replies (1) of 116555

silver margin on futures increased nymex.com Contact: Nachamah Jacobovits, 212-299-2430 Title: Exchange to Increase Margin Rates on Silver and Copper Futures Contracts NEW YORK, N.Y., February 19, 2004 — The New York Mercantile Exchange, Inc., announced today that it will increase the margins on its COMEX Division silver and copper futures contracts at the close of business on tomorrow. The margins on each of the two contracts will be raised to $2,000 from $1,500 for clearing members and members and to $2,700 from $2,025 for customers.

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