Notice to Members
Notice No. 06 01/06/2003
NYMEX Division SPAN Parameters for Natural Gas Calendar Spread Options
Below NYMEX Division SPAN parameters for Natural Gas Calendar Spread Options are provided. These parameters are updated monthly upon spot month termination. Effective Date: Monday, January 6, 2003 (close of business) Products: Natural Gas Calendar Spread Options Currently the spot month for the above referenced contract is February 2003. Accordingly, the futures scan ranges that establish maximum short option margin for Natural Gas Calendar Spread options are: Regular Option Symbol Synthetic Futures Symbol Intra-Commodity Spread Tier Scan Range IAG03 DGG03 1 1,000 IAH03 DGH03 2 1,000 IAJ03 DGJ03 3 250 IAK03 DGK03 3 250 IAM03 DGM03 3 250 IAN03 DGN03 3 250 IAQ03 DGQ03 4 250 IAU03 DGU03 4 250 IAV03 DGV03 4 250 IAX03 DGX03 4 250 IAZ03 DGZ03 4 250 IAF04 DGF04 4 250 IBG03 DJG03 1 1,000 IBH03 DJH03 2 1,000 ICG03 DSG03 1 1,000 IMZ03 DMZ03 4 250 IMM03 DMM03 3 250 IZZ03 DZZ03 4 250 This notice supercedes all previous notices regarding NYMEX Division SPAN parameters for Natural Gas Calendar Spread Option contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com