Notice No. 00-351
October 10, 2000

TO:
ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE for October 2000 only

Effective Date: Wednesday, October 11, 2000 (close of business)

Futures Contract:     Platinum

Contract Months:    October 2000

Rate Change:

NYMEX Division Margins on Platinum Futures Contracts

Effective Date:  October 11, 2000

Clearing Member (Maintenance Margin)     Old:  $1,600     New:  $3,600

Member Customer (Initial Margin)              Old:  $1,760     New:  $3,960

Non-Member Customer (Initial Margin)      Old:  $2,160     New:  $4,860

Should you have any questions regarding these changes, please contact Artie 
McCoy at (212) 299-2928, Bill Doherty at (212) 299-2925, or Joe Sanguedolce 
at (212) 299-2855.  This notice supersedes all previous notices regarding 
outright margins for the NYMEX Platinum Futures Contract.


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