08/02/2004
| Effective Date: | Tuesday, August 3, 2004 (close of business) |
| Contracts: | SUMAS Basis Swap (NK), Unleaded 87 Up-Down Spread Calendar Swap (UU) |
| Contract Months: | All Months |
NYMEX Division Margin Rates For Sumas
Basis Swap (NK) |
||||||
Tiers |
Clearing Member /
Maintenance Margin |
Member Customer
Initial Margin |
Non-Member Customer
Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
Tier 1 - 1st Nearby |
$250 |
$325 |
$275 |
$358 |
$338 |
$439 |
Tier - 2nd and Greater |
$225 |
$300 |
$248 |
$330 |
$304 |
$405 |
NYMEX Division Margin Rates For Unleaded
87 Up-Down Spread Calendar Swap (UU) |
||||||
Contract |
Clearing Member /
Maintenance Margin |
Member Customer
Initial Margin |
Non-Member Customer
Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
UU |
$600 |
$1,920 |
$660 |
$2,112 |
$810 |
$2,592 |
This notice supersedes all previous notices regarding margins rates for the Natural Gas Basis Swap contract and Unleaded 87 Up-Down Calendar Swap listed above.