VOLUME 24 – BULLETIN #040
TO:
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ALL CLEARING PARTICIPANTS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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June 10, 2004
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SUBJECT:
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Merchants and CDX Margin Changes
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The following Merchants’ Exchange and CDX margin changes will become effective at the midday margin calculation on Monday, June 14, 2004.
Emerging Market margin interval changes
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Light “Sweet” Crude
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MF
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$2,000
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$2,500
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Unleaded Gas
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MR
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$2,500
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$3,500
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Brent Crude Oil
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MX
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$2,000
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$2,500
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Gas Oil
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MG
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$1,500
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$2,200
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AL NY Primary Day
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AL
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$1,400
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$1,700
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AL NY Primary MAS
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AL
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$1,400
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$1,700
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AL Ldn Alloy Day
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AC
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$1,000
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$1,200
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AL Ldn Alloy MAS
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AD
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$1,000
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$1,200
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AL Ldn Hi Grade Day
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AG
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$1,400
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$1,700
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AL Ldn Hi Grade MAS
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AH
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$1,400
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$1,700
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AL MW Trns Srvy Day
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AI
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$1,400
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$1,700
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Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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