Notice to Members
Notice No. 316 09/08/2000
Initial Margins for Mid-Columbia River Futures Contract
Effective Date: Friday, September 15, 2000 (close of business) Futures Contract: Mid-Columbia Futures Contract Months: All Contracts NYMEX Division Margins on Mid-Columbia Futures Contracts Clearing Member (Maintenance Margin): $9,000 Member Customer (Initial Margin): $9,900 Non-Member Customer (Initial Margin): $12,150 Spot Month Assessment: B/$3,000 B/ Effective as of the close of business one day prior to the last regular trading day. Intra-Commodity Straddle Margin Clearing Member and Member Customer Maintenance Group 1: $200 Group 2: $200 Group 3: $100 Group 4: $50 Spot Month Assessment: B/$3000 Group (Tier) 1 ~ 1st Nearby Group (Tier) 2 ~ 2nd Through 6th Nearby Group (Tier) 3 ~ 7th Through 12th Nearby Group (Tier) 4 ~ Greater than 12th Nearby B/ Effective as of the close of business one day prior to the last regular trading day. Inter-Commodity Spread Credit Mid-Columbia/Natural Gas Ratio is 2:1 Percentage of Initial Margin is 40% Mid-Columbia/Palo Verde Ratio is 2:1 Percentage of Initial Margin is 40% Mid-Columbia/COB Ratio is 1:1 Percentage of Initial Margin is 40% Mid-Columbia/Alberta Natural Gas Ratio is 2:1 Percentage of Initial Margin is 40%
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com