Notice to Members
Notice No. 424
09/23/2005
Outright (Scan) Margin Rates and Intra-Commodity Spread Margin Rates for the Four (4) New NYMEX NOX Emission Allowance Futures Contracts

Effective Date: Monday, September 26, 2005 (close of business)

Futures Contracts: NOXB(RO), NOX1(RP), NOX2(RQ), NOX3(RR)

Contract Months: All Months

 

NYMEX Division Outright (Scan) Margin Rates For The New Emission Futures Contracts

All Contracts

Clearing Member / Maintenance Margin

Member Customer Initial Margin

Non-Member Customer Initial Margin

 

New

Old

New

Old

New

Old

NOXB (RO)

$2,000

N/A

$2,200

N/A

$2,700

N/A

NOX1 (RP)

$2,000

N/A

$2,200

N/A

$2,700

N/A

NOX2 (RQ)

$2,000

N/A

$2,200

N/A

$2,700

N/A

NOX3 (RR)

$2,000

N/A

$2,200

N/A

$2,700

N/A

 

NYMEX Division Intra-Commodity Spread Margin Rates For The New Emission Futures Contracts

All Contracts

Clearing Member / Maintenance Margin

Member Customer Initial Margin

Non-Member Customer Initial Margin

 

New

Old

New

Old

New

Old

NOXB (RO)

$300

N/A

$330

N/A

$405

N/A

NOX1 (RP)

$300

N/A

$330

N/A

$405

N/A

NOX2 (RQ)

$300

N/A

$330

N/A

$405

N/A

NOX3 (RR)

$300

N/A

$330

N/A

$405

N/A

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com