Notice to Members

Notice No. 102
03/23/2001

Margin Rate Change for Propane Gas Futures Contracts

Effective Date: Friday, March 23, 2001 (close of business)
Futures Contracts: Propane Gas Futures
Contract Months: All Months
Rate Change:

NYMEX Division Margins for Propane Gas Futures Contracts






Clearing Member (Maintenance Margin)	Old: $2,500	New: $1,500



Member Customer (Initial Margin)	Old: $2,750	New: $1,650



Non-Member Customer (Initial Margin)	Old: $3,375	New: $2,700

This notice supersedes all previous notices regarding outright margins for the NYMEX Propane Gas Futures Contracts.

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com