Notice to Members
Notice No. 503
10/31/2005
Tier Changes for Natural Gas Futures (NG), Henry Hub Swap Futures (NN), and Henry Hub Penultimate Swap (NP) Contracts
Effective Date: Tuesday, November 1, 2005 (close of business)

Futures Contracts: Natural Gas, Henry Hub Swaps, and Henry Hub Penultimate Swap Contracts

Contract Months: Tiers 4 and 5

NG/NN/NP Intra-Commodity Spread and Scan Tiers
 
Tiers
New
Old
1
1st Nearby
1st Nearby
2
2nd Nearby
2nd Nearby
3
3rd Nearby
3rd Nearby
4
4th Nearby
4th - 5th Nearby
5
5th - 19th Nearby
6th - 19th Nearby
6
20th - 31st Nearby
20th - 31st Nearby
7
32nd - 52nd Nearby
32nd - 52nd Nearby
8
53rd - 64th Nearby
53rd - 64th Nearby
9
Greater than 64th Nearby
Greater than 64th Nearby

This notice supersedes all previous notices regarding margin rates and tiers for Natural Gas, Henry Hub Swaps, and Henry Hub Penultimate Swap Contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com