ICE raised the margins again, this time by 20 percent--to $6,000 for hedgers up $1,000 and to $8,400 for speculators up $1,400. The additional $1,000 applies to March-11 contracts.
|
Effective Date
|
SPECULATIVE
|
HEDGE/MEMBER
|
SPEC/HEDGE
|
||
|
Outright
|
Outright
|
|
|||
|
Initial
|
Maint
|
Initial
|
Maint
|
Add-On
|
|
|
01/23/06
|
$1,400
|
$1,000
|
$1,000
|
$1,000
|
|
|
05/19/06
|
$1,260
|
$900
|
$900
|
$900
|
|
|
07/11/07
|
$1,470
|
$1,050
|
$1,050
|
$1,050
|
|
|
08/20/07
|
$1,680
|
$1,200
|
$1,200
|
$1,200
|
|
|
01/15/08
|
$2,100
|
$1,500
|
$1,500
|
$1,500
|
|
|
02/26/08
|
$2,450
|
$1,750
|
$1,750
|
$1,750
|
|
|
03/04/08
|
$3,500
|
$2,500
|
$2,500
|
$2,500
|
|
|
03/04/08
|
$4,200
|
$3,000
|
$3,000
|
$3,000
|
|
|
03/08/08
|
$4,900
|
$3,500
|
$3,500
|
$3,500
|
|
|
06/02/08
|
$2,520
|
$1,800
|
$1,800
|
$1,800
|
|
|
03/19/09
|
$1,820
|
$1,300
|
$1,300
|
$1,300
|
|
|
05/18/10
|
$2,100
|
$1,500
|
$1,500
|
$1,500
|
|
|
09/20/10
|
$2,380
|
$1,700
|
$1,700
|
$1,700
|
|
|
09/24/10
|
$2,450
|
$1,750
|
$1,750
|
$1,750
|
|
|
09/28/10
|
$2,800
|
$2,000
|
$2,000
|
$2,000
|
|
|
10/14/10
|
$3,500
|
$2,500
|
$2,500
|
$2,500
|
|
|
10/15/10
|
$4,200
|
$3,000
|
$3,000
|
$3,000
|
|
|
10/26/10
|
$4,900
|
$3,500
|
$3,500
|
$3,500
|
|
|
11/09/10
|
$5,600
|
$4,000
|
$4,000
|
$4,000
|
|
|
02/11/11
|
$7,000
|
$5,000
|
$5,000
|
$5,000
|
H-11 Add'l $1000
|
|
02/16/11
|
$8,400
|
$6,000
|
$6,000
|
$6,000
|
H-11 Add'l $1000
|
