Skip to main Content
Site Search

Advanced Search

  • Mondo Visione
  • Mondo Visione - Worldwide Exchange Intelligence
Member Login

Member Login

Forgotten your password?

New Margin Requirements For NYBOT's Coffee, Cotton And Citrus Contracts

Date 17/12/2002

The New York Board of Trade (NYBOT®)announced today that effective with the opening of business on Wednesday, December 18, 2002, the Coffee "C", Coffee Mini and Cotton margin requirements are as follows:

COFFEE (KC)
  Initial Maintenance
Spec (Per Contract) 2,100 USD 1,500 USD
Hedge/Member (Per Contract) 1,500 USD 1,500 USD
COFFEE MINI (MK)
  Initial Maintenance
Spec (Per Contract) 700 USD 500 USD
Hedge/Member (Per Contract) 500 USD 500 USD
COTTON (CT)
  Initial Maintenance
Spec (Per Contract) 1,330 USD 950 USD
Hedge/Member (Per Contract) 950 USD 950 USD

Additionally, also effective on Wednesday, December 18, 2002, new margin requirements will be implemented for FCOJ futures and option contracts:

FCOJ (OJ)
  Initial Maintenance
Spec (Per Contract) 700 USD 500 USD
Hedge/Member (Per Contract) 500 USD 500 USD
Spread/Arbitrage - Spec (Per Spread/Arbitrage) 350 USD 250 USD
Spread/Arbitrage - Hedge/Member (Per Contract) 250 USD 250 USD

The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com.