Margin Rates
Contracts
- DME Oman Crude Oil Futures Contract (OQD)
- DME Oman Crude Oil Financial Contract (ZGD)
Contract Months
All Months
Effective Date
Friday, April 9, 2010 (close of business)
DME Oman Crude Oil Futures Contract (OQD)
OQD Intra-Commodity Spread Tiers
Tiers
|
|
Months
|
|
| 1 |
1st Nearby |
|
| 2 |
2nd - 18th Nearby |
|
| 3 |
19th - 42nd Nearby |
|
| 4 |
Greater than 42nd Nearby |
|
Outright (Scan) Spread Tiers for OQD
OQD Intra-Commodity Spread Margins
Tiers
|
|
DME Member Margin/Hedger Initial Margin/Maintenance Margin
|
|
DME Guaranteed Customer (Non-Member) Initial Margin
|
|
| 0 |
New |
New |
|
| 1 |
$450 |
$608 |
|
| 2 |
$400 |
$540 |
|
| 3 |
$300 |
$405 |
|
| 4 |
$300 |
$405 |
|
Performance Bond Requirements DME OQD Outright Margins
Commodities
|
|
DME Member / Hedger
|
|
DME Guaranteed Customer
(Non-Member)
|
|
| |
Initial
Margin |
Maintenance
Margin |
Initial
Margin |
Maintenance
Margin |
|
| OQD |
$5,500 |
$5,500 |
$6,050 |
$5,500 |
|
DME Oman Crude Oil Financial Contract (ZGD)
Since the margin rates of DME Oman Crude Oil Financial Contract (ZGD) will be reported under the Business Function Combined Commodity Code (BFCC) of DME Oman Crude Oil Futures Contract (OQD), any margin rates, tier structures, and spread credits related to OQD will be applied to ZGD. The following tables show the intra-commodity spread margins and outright margins for ZGD.
ZGD Intra-Commodity Spread Margins
Tiers
|
|
DME Member Margin/Hedger Initial Margin/Maintenance Margin
|
|
DME Guaranteed Customer (Non-Member) Initial Margin
|
|
| 0 |
New |
New |
|
| 1 |
$450 |
$608 |
|
| 2 |
$400 |
$540 |
|
| 3 |
$300 |
$405 |
|
| 4 |
$300 |
$405 |
|
Performance Bond Requirements DME ZGD Outright Margins
Commodities
|
|
DME Member /
Hedger
|
|
DME Guaranteed Customer
(Non-Member)
|
|
| |
Initial
Margin |
Maintenance
Margin |
Initial
Margin |
Maintenance
Margin |
|
|
ZGD |
$5,500 |
$5,500 |
$6,050 |
$5,500 |
|
* All Fees are in US Dollars
