Notice to Members
Notice No. 389
10/20/2004
Change in Spot Month Margin Assessments for Natural Gas Basis Contracts

Effective Date:

Wednesday, October 20, 2004 (close of business)
Contracts:
Basis Swaps: Chicago Swap (NB), Oklahoma Swap (NE), San Juan Swap (NJ), SUMAS Swap (NK), Mid-Continent Swap (NL), Northwest Pipeline Rockies Swap (NR), Socal Swap (NS), Waha Swap (NW), Demarcation Swap (PE), Permian Basin Swap (PM)
Contract Months: Spot Months

NEW SPOT ASSESSMENTS
Contracts
Clearing Member Assessments
Member Customer Assessments
Non-Member Customer Assessments
New
Old
New
Old
New
Old
NB
$400
$100
$440
$110
$540
$149
NE
$350
$500
$385
$550
$473
$743
NJ
$400
$100
$440
$110
$540
$149
NK
$500
$0
$550
$0
$675
$0
NL
$350
$500
$385
$550
$473
$743
NR
$400
$0
$440
$0
$540
$0
NS
$500
$100
$550
$110
$675
$149
NW
$500
$100
$550
$110
$675
$149
PE
$350
$500
$385
$550
$473
$743
PM
$400
$0
$440
$0
$540
$0


Should you have any questions regarding these changes, please contact Arthur McCoy at (212) 299-2928 or William Doherty at (212) 299-2925. This notice supersedes all previous notices regarding spot month margin assessments for Natural Gas Basis Futures Contracts. Should you have any questions or require any further information, please contact exchangeinfo@nymex.com