Notice to Members
Notice No. 151
03/16/2006
Outright (Scan) Margin Rates and Tier Change for Financially Settled European Petroleum Swap Contracts
Effective Date: Friday, March 17, 2006 (close of business)

Futures Contracts:
Northwest Europe Gasoline (Argus) Swap Futures (AR), European Gasoil 0.2 NWE Calendar Swap (UE), European Naphtha Calendar Swap (UN)
Contract Months: All Months

NYMEX Division Outright (Scan) Margin Tiers
for Existing European Petroleum Swap Contracts - AR, UE, and UN
 
Tiers
New
Old
1
1st Nearby
All Months
2
Greater than 1st Nearby
N/A


NYMEX Division Outright (Scan) Margins on The Clear Port European Petroleum Swap Contracts
 
Tiers
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
AR - Tier 1
$43,000
$41,000
$47,300
$45,100
$58,050
$55,350
AR - Tier 2
$41,000
N/A
$45,100
N/A
$55,350
N/A
UE - Tier 1
$23,000
$21,000
$25,300
$23,100
$31,050
$28,350
UE - Tier 2
$21,000
N/A
$23,100
N/A
$28,350
N/A
UN - Tier 1
$25,000
$23,000
$27,500
$25,300
$33,750
$31,050
UN - Tier 2
$23,000
N/A
$25,300
N/A
$31,050
N/A


This notice supersedes all previous notices regarding margins rates for the contracts listed above.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com