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To: Follies who wrote (11209)8/15/2000 4:11:33 PM
From: pater tenebrarum  Respond to of 436258
 
it is...they're raising the margin to $135,000. the notional value of the contract is only $76,000 as per today.

i have lost the link to the original news item, but i'm sure you can find it if you look for it. there was a brief article on it in today's or yesterday's WSJ, where one trader who works for a big firm and posts under the handle 'uptick' on kitco remarked that the NYMEX simply wants to kill the contract.