08/14/2006
Futures Contract: Transco Zone 6 Basis Swap (NZ)
Contract Months: Tier 3
Outright (Scan) Margin Rates for Existing Natural
Gas Basis Swaps
| |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
NATURAL GAS BASIS FINANCIAL |
New |
Old |
New |
Old |
New |
Old |
| Transco Zone 6 Basis Swap (NZ) | ||||||
| Tier 1: 1st Nearby | $300 |
$300 |
$330 |
$330 |
$405 |
$405 |
| Tier 2: 2nd Nearby | $300 |
$300 |
$330 |
$330 |
$405 |
$405 |
| Tier 3: 3rd - 6th Nearby | $400 |
$200 |
$440 |
$220 |
$540 |
$270 |
| Tier 4: 7th - 12th Nearby | $300 |
$300 |
$330 |
$330 |
$405 |
$405 |
| Tier 5: Greater than 12th Nearby | $400 |
$400 |
$440 |
$440 |
$540 |
$540 |