Notice to Members
Notice No. 59
02/12/2001
Margin Rate Change: Wester Electricity Futures Contracts
 
Effective Date: Tuesday, February 13, 2001 (close of business)
Futures Contracts: California Oregon Border, Palo Verde, and Mid-Columbia Electricity Futures
Contract Months: All Months
Rate Change:  


NYMEX Division Margins on California Oregon Border, Palo Verde, and Mid-Columbia Electricity Futures Contracts

Old
New
Clearing Member (Maintenance Margin) $6,000
$9,000
Member Customer (Initial Margin) $6.600
$9,600
Non-Member Customer (Initial Margin) $8,100
$12,150


This notice supersedes all previous notices regarding outright margins for the NYMEX California Oregon Border, Palo Verde, and Mid-Columbia Electricity Futures Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com