Margin Rates
Contracts
- DME Oman Crude Oil Futures Contract (OQD)
- DME Oman Crude Oil Financial Contract (ZGD)
Contract Months
All Months
Effective Date
Tuesday, January 17, 2012 (close of business)
DME Oman Crude Oil Futures Contract (OQD)
Outright (Scan) Spread Tiers for OQD
OQD Intra-Commodity
Calendar Spread Margins
|
|
DME Member Margin/Hedger Initial Margin/Maintenance Margin
|
|
DME Guaranteed Customer (Non-Member) Initial Margin
|
|
|
|
Performance Bond Requirements DME OQD Butterfly Spread Margins
|
|
DME Member / Hedger
Margin
|
|
DME Guaranteed Customer
(Non-Member)
Margin |
|
| |
Initial
|
Maintenance
|
Initial
|
Maintenance
|
|
OQD Butterfly nearby
months 1-3 & 2-4 |
$1,000 |
$1,000 |
$1,100 |
$1,000 |
|
OQD Butterfly nearby
months 3-5 to 16-18 |
$250 |
$250 |
$275 |
$250 |
|
Note: Month 1 represents the first nearby month, month 2 represents the second nearby month and so forth.
Performance Bond Requirements DME OQD Outright
Margins
Commodities
|
|
DME Member / Hedger
Margin
|
|
DME Guaranteed Customer
(Non-Member)
Margin |
|
| |
Initial
|
Maintenance
|
Initial
|
Maintenance
|
|
| OQD |
$5,750 |
$5,750 |
$6,325 |
$5,750 |
|
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 calendar and butterfly spread margins and outright margins
for ZGD.
ZGD Intra-Commodity
Calendar Spread Margins
|
|
DME Member Margin/Hedger Initial Margin/Maintenance Margin
|
|
DME Guaranteed Customer (Non-Member) Initial Margin
|
|
|
|
Performance Bond Requirements DME
ZGD Butterfly Spread Margins
|
|
DME Member / Hedger
Margin
|
|
DME Guaranteed Customer
(Non-Member)
Margin |
|
| |
Initial
|
Maintenance
|
Initial
|
Maintenance
|
|
ZGD Butterfly nearby
months 1-3 & 2-4 |
$1,000 |
$1,000 |
$1,100 |
$1,000 |
|
ZGD Butterfly nearby
months 3-5 to 16-18 |
$250 |
$250 |
$275 |
$250 |
|
Note: Month 1 represents the first nearby month, month 2 represents the second nearby month and so forth.
Performance Bond Requirements DME ZGD Outright Margins
Commodities
|
|
DME Member /
Hedger
Margin |
|
DME Guaranteed Customer
(Non-Member)
Margin |
|
| |
Initial
|
Maintenance
|
Initial
|
Maintenance
|
|
|
ZGD |
$5,750 |
$5,750 |
$6,325 |
$5,750 |
|
* All Fees are in US Dollars
Margin Rates and Spread Margins are provided by the CME Group, and are subject to change
from time to time. The DME cannot guarantee the accuracy of such figures
at any time. Kindly refer to the CME website at the following address
for the latest Margin Rates and Spread Margins:
http://www.cmegroup.com/clearing/margins/
