06/06/2006
Futures Contract: Dow Jones Mid-Columbia Index (DO), Cinergy Hub LMP – On Peak (EM), NYISO Zone J LBMP – Peak (KJ)
Contract Months: All Months
Outright (Scan) Margin Rates for Dow Jones Mid-Columbia
Electricity Prices Index Swap (DO)
| Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
Tier 1: 1st Nearby |
$7,000 |
$4,500 |
$7,700 |
$4,950 |
$9,450 |
$6,075 |
Tier 2: 2nd - 6th Nearby |
$7,000 |
$5,500 |
$7,700 |
$6,050 |
$9,450 |
$7,425 |
Tier 3: 7th - 11th Nearby |
$7,000 |
$8,000 |
$7,700 |
$8,800 |
$9,450 |
$10,800 |
Tier 4: Greater than 11th Nearby |
$3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
Outright (Scan) Margin Rates for Cinergy Hub LMP –
Peak (EM)
| Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
Tier 1: 1st Nearby |
$4,500 |
$4,500 |
$4,950 |
$4,950 |
$6,075 |
$6,075 |
Tier 2: 2nd - 6th Nearby |
$6,000 |
$5,500 |
$6,600 |
$6,050 |
$8,100 |
$7,425 |
Tier 3: 7th - 11th Nearby |
$4,000 |
$4,000 |
$4,400 |
$4,400 |
$5,400 |
$5,400 |
Tier 4: Greater than 11th Nearby |
$3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
Outright (Scan) Margin Rates for NYISO Zone J –
Peak (KJ)
| Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
Tier 1: 1st Nearby |
$3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
Tier 2: 2nd - 6th Nearby |
$5,000 |
$5,000 |
$5,500 |
$5,500 |
$6,750 |
$6,750 |
Tier 3: 7th - 11th Nearby |
$5,000 |
$5,000 |
$5,500 |
$5,500 |
$6,750 |
$6,750 |
Tier 4: Greater than 11th Nearby |
$5,000 |
$3,000 |
$5,500 |
$3,300 |
$6,750 |
$4,050 |
This notice supersedes all previous notices regarding margin rates for the Electricity Futures contracts listed above.