03/11/2005
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| Notice to Members |
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| Notice No. 108 03/11/2005 |
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| Natural Gas Option Short Option Minimum Margin |
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| Please be advised that the Exchange has decided to amend the scheduled implementation for the short option minimum margin on floor traded (ON) and NYMEX ClearPortsm Cleared (LN) Natural Gas Options. The increase to $25 will be implemented in two steps. Effective Close of Business April 1, 2005 the Short Option Minimum will increase by $5 to $15. A second increase of $10 will be implemented effective Monday, May 2, 2005 to $25. Currently, the short option minimum is $10. |
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |