09/30/2005
FUTURES CONTRACTS:
Basis Swaps:CONTRACT MONTHS: All Months
ANR Oklahoma (NE), Houston Ship Channel Basis Swap (NH), Waha Basis Swap (NW), PGE&E Malin Basis Swap (PB), PGE&E Citygate Basis Swap (PC), NGPL Tex/OK Basis Swap (PD), Northern Natural Gas Demarcation Basis Swap (PE), Northern Natural Gas Ventura, Iowa Basis Swap (PF), Panhandle Basis Swap (PH), Permian Basin Basis Swap (PM)
NYMEX Division Margin Rates For Existing Natural
Gas Basis Swaps
| Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial
Margin |
Spot Assessment |
|||||
| Natural Gas Basis Financial | New |
Old |
New |
Old |
New |
Old |
New |
Old |
| Houston Ship Channel Swap (NH) | ||||||||
Tier 1 - 1st Nearby |
$525 | $250 | $578 | $275 | $709 | $338 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$325 | $125 | $358 | $138 | $439 | $169 | ||
| Panhandle Swap (PH) | ||||||||
Tier 1 - 1st Nearby |
$800 | $625 | $880 | $688 | $1,080 | $844 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$400 | $375 | $440 | $413 | $540 | $506 | ||
| Permian Swap (PM) | ||||||||
Tier 1 - 1st Nearby |
$800 | $625 | $880 | $688 | $1,080 | $844 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$450 | $375 | $495 | $413 | $608 | $506 | ||
| PGE&E Malin Swap (PB) | ||||||||
Tier 1 - 1st Nearby |
$875 | $625 | $963 | $688 | $1,181 | $844 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$400 | $250 | $440 | $275 | $540 | $338 | ||
| PGE&E Citygate Swap (PC) | ||||||||
Tier 1 - 1st Nearby |
$925 | $625 | $1,018 | $688 | $1,249 | $844 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$475 | $375 | $523 | $413 | $641 | $506 | ||
| NGPL Tex / OK Swap (PD) | ||||||||
Tier 1 - 1st Nearby |
$425 | $200 | $468 | $220 | $574 | $270 | $500 | $500 |
Tier 2: 2nd Nearby and Greater |
$275 | $175 | $303 | $193 | $371 | $236 | ||
| ANR Oklahoma Swap (NE) | ||||||||
Tier 1 - 1st Nearby |
$825 | $250 | $908 | $275 | $1,114 | $338 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$325 | $250 | $358 | $275 | $439 | $338 | ||
| Northern Natural Gas Demarcation Swap (PE) | ||||||||
Tier 1 - 1st Nearby |
$450 | $250 | $495 | $275 | $608 | $338 | $500 | $500 |
Tier 2: 2nd Nearby and Greater |
$275 | $200 | $303 | $220 | $371 | $270 | ||
| Northern Natural Gas Ventura, Iowa Swap (PF) | ||||||||
Tier 1 - 1st Nearby |
$425 | $250 | $468 | $275 | $574 | $338 | $500 | $500 |
Tier 2: 2nd Nearby and Greater |
$275 | $200 | $303 | $220 | $371 | $270 | ||
| Waha Swap (NW) | ||||||||
Tier 1 - 1st Nearby |
$725 | $250 | $798 | $275 | $979 | $338 | $1,000 | $1,000 |
Tier 2: 2nd Nearby and Greater |
$325 | $250 | $358 | $275 | $439 | $338 | ||