09/20/2006
Futures Contract: PJM Western Hub LMP On Peak Monthly (JM), NYISO Zone A LBMP – Peak (KA), NYISO Zone G LBMP – Peak (KG), and NYISO Zone J LBMP – Peak (KJ)
Contract Months: All Months
NYMEX Division Outright (Scan) Margins on PJM Western Hub LMP On Peak
Monthly (JM)
| Tiers |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| JM (Tier 1: 1st Nearby) | $8,000 |
$10,000 |
$8,800 |
$11,000 |
$10,800 |
$13,500 |
| JM (Tier 2: 2nd - 4th Nearby) | $7,000 |
$8,000 |
$7,700 |
$8,800 |
$9,450 |
$10,800 |
| JM (Tier 3: 5th - 6th Nearby) | $3,000 |
$4,000 |
$3,300 |
$4,400 |
$4,050 |
$5,400 |
| JM (Tier 4: 7th - 8th Nearby) | $5,000 |
$6,000 |
$5,500 |
$6,600 |
$6,750 |
$8,100 |
| JM (Tier 5: 9th - 10th Nearby) | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| JM (Tier 6: 11th - 12th Nearby) | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| JM (Tier 7: 13th - 16th Nearby) | $2,500 |
$3,500 |
$2,750 |
$3,850 |
$3,375 |
$4,725 |
| JM (Tier 8: Greater than 16th Nearby) | $2,000 |
$3,000 |
$2,200 |
$3,300 |
$2,700 |
$4,050 |
NYMEX Division Outright (Scan) Margins on NYISO Zone A – Peak (KA)
| 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 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$4,000 |
$3,850 |
$4,400 |
$4,725 |
$5,400 |
| Tier 3: 7th - 11th Nearby | $4,000 |
$4,500 |
$4,400 |
$4,950 |
$5,400 |
$6,075 |
| Tier 4: Greater than 11th Nearby | $2,000 |
$2,500 |
$2,200 |
$2,750 |
$2,700 |
$3,375 |
NYMEX Division Outright (Scan) Margins on NYISO Zone G – Peak (KG)
| 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 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$4,000 |
$3,850 |
$4,400 |
$4,725 |
$5,400 |
| Tier 3: 7th - 11th Nearby | $4,000 |
$4,500 |
$4,400 |
$4,950 |
$5,400 |
$6,075 |
| Tier 4: Greater than 11th Nearby | $2,000 |
$2,500 |
$2,200 |
$2,750 |
$2,700 |
$3,375 |
NYMEX Division Outright (Scan) Margins on 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 | $4,500 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$4,000 |
$3,850 |
$4,400 |
$4,725 |
$5,400 |
| Tier 3: 7th - 11th Nearby | $5,000 |
$5,500 |
$5,500 |
$6,050 |
$6,750 |
$7,425 |
| Tier 4: Greater than 11th Nearby | $5,000 |
$5,500 |
$5,500 |
$6,050 |
$6,750 |
$7,425 |
This notice supercedes all previous notices regarding margins rates for the Electricity futures contracts listed above.