11/02/2006
FUTURES CONTRACTS:
NGPL Mid-Continent Basis Swap (NL), Northwest Pipeline, Rockies Basis Swap (NR), Transco Zone 6 Basis Swap (NZ), ANR OK Swing Swap (SQ), CenterPoint Natural Gas Swing Swap (VX), Chicago City Gate Swing Swap (SS), Dawn Natural Gas Swing Swap (OW), Demarcation Swing Swap (DT), Dominion Swing Swap (SH), El Paso Permian Swing Swap (SL), Houston Ship Channel Swing Swap (SM), Kern River Opal Swing Swap (SR), NGPL Mid-Continent Swing Swap (PX), NGPL Tex/OK Swing Swap (OX), Panhandle Swing Swap (SV), PG&E City Gate Swing Swap (SK), San Juan Swing Swap (SJ), SoCal Swing Swap (SF), Sumas Swing Swap (SU), TETCO M-3 Swing Swap (SX), Transco Zone 6 Swing Swap (ST), Ventura Natural Gas Swing Swap (VS) and Waha Swing Swap (SY)CONTRACT MONTHS: All Months
NOTE: The revised margin rates are in bold
NYMEX Division 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 |
| NGPL Mid-Continent Swap (NL) | ||||||
| Tier 1: 1st Nearby | $700 |
$600 |
$770 |
$660 |
$945 |
$810 |
| Tier 2: 2nd Nearby | $500 |
$500 |
$550 |
$550 |
$675 |
$675 |
| Tier 3: 3rd - 6th Nearby | $600 |
$600 |
$660 |
$660 |
$810 |
$810 |
| Tier 4: 7th - 12th Nearby | $550 |
$550 |
$605 |
$605 |
$743 |
$743 |
| Tier 5: 13th And Greater | $300 |
$300 |
$330 |
$330 |
$405 |
$405 |
| Northwest Pipeline, Rockies Swap (NR) | ||||||
| Tier 1 - 1st Nearby | $1,200 |
$1,000 |
$1,320 |
$1,100 |
$1,620 |
$1,350 |
| Tier 2: 2nd Nearby | $1,000 |
$1,000 |
$1,100 |
$1,100 |
$1,350 |
$1,350 |
| Tier 3: 3rd - 6th Nearby | $900 |
$900 |
$990 |
$990 |
$1,215 |
$1,215 |
| Tier 4: 7th - 12th Nearby | $600 |
$600 |
$660 |
$660 |
$810 |
$810 |
| Tier 5: 13th And Greater | $500 |
$500 |
$550 |
$550 |
$675 |
$675 |
| Transco Zone 6 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 |
$400 |
$440 |
$440 |
$540 |
$540 |
| Tier 4: 7th - 12th Nearby | $700 |
$300 |
$770 |
$330 |
$945 |
$405 |
| Tier 5: 13th And Greater | $700 |
$400 |
$770 |
$440 |
$945 |
$540 |
NYMEX Division Outright (Scan) Margin Rates For The New Natural Gas Swing Swaps
| Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial
Margin |
||||
| All Nearby Contracts | New |
Old |
New |
Old |
New |
Old |
| ANR OK Swing Swap (SQ) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| CenterPoint Natural Gas Swing Swap (VX) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| Chicago City Gate Swing Swap (SS) | $2,000 |
$3,600 |
$2,200 |
$3,960 |
$2,700 |
$4,860 |
| Dawn Natural Gas Swing Swap (OW) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| Demarcation Swing Swap (DT) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| Dominion Swing Swap (SH) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| El Paso Permian Swing Swap (SL) | $2,000 |
$3,600 |
$2,200 |
$3,960 |
$2,700 |
$4,860 |
| Henry Hub Swing Swap (SN) | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
| Houston Ship Channel Swing Swap (SM) | $2,000 |
$5,000 |
$2,200 |
$5,500 |
$2,700 |
$6,750 |
| Kern River Opal Swing Swap (SR) | $2,000 |
$4,500 |
$2,200 |
$4,950 |
$2,700 |
$6,075 |
| NGPL Mid-Continent Swing Swap (PX) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| NGPL Tex/OK Swing Swap (OX) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| Panhandle Swing Swap (SV) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| PG&E City Gate Swing Swap (SK) | $2,000 |
$4,500 |
$2,200 |
$4,950 |
$2,700 |
$6,075 |
| San Juan Swing Swap (SJ) | $2,000 |
$4,000 |
$2,200 |
$4,400 |
$2,700 |
$5,400 |
| SoCal Swing Swap (SF) | $2,000 |
$4,500 |
$2,200 |
$4,950 |
$2,700 |
$6,075 |
| Sumas Swing Swap (SU) | $2,000 |
$4,300 |
$2,200 |
$4,730 |
$2,700 |
$5,805 |
| TETCO M-3 Swing Swap (SX) | $2,000 |
$4,600 |
$2,200 |
$5,060 |
$2,700 |
$6,210 |
| Transco Zone 6 Swing Swap (ST) | $2,000 |
$4,200 |
$2,200 |
$4,620 |
$2,700 |
$5,670 |
| Ventura Natural Gas Swing Swap (VS) | $2,000 |
$3,500 |
$2,200 |
$3,850 |
$2,700 |
$4,725 |
| Waha Swing Swap (SY) | $2,000 |
$5,000 |
$2,200 |
$5,500 |
$2,700 |
$6,750 |