Notice to Members
Notice No. 121
02/28/2007
Outright Margin Rate for Catastrophe Insurance Futures Contracts and Margin Parameters for Catastrophe Insurance Options Contracts
Effective Date: Monday, March 5, 2007 (close of business)

Futures Contracts:
NYMEX Nationwide Catastrophe Insurance Futures (WU)
NYMEX Texas to Maine (ex. Florida) Catastrophe Insurance Futures (WY)
NYMEX Florida Catastrophe Insurance Futures (WF )
Contract Months: All Months

NYMEX Division Outright (Scan) Margins on WU, WY, & WF
 
Contract 
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
New
Old
New
Old
New
Old
WU
Top of Form
$8,000
-
$8,800
-
$10,800
-
WY
Top of Form
$3,500
-
$3,850
-
$4,725
-
WF
$3,500
-
$3,850
-
$4,725
-


Effective Date: Tuesday, March 6, 2007 (close of business)

Futures Contracts:
NYMEX Nationwide Catastrophe Insurance Futures (WU)
NYMEX Texas to Maine (ex. Florida) Catastrophe Insurance Futures (WY)
NYMEX Florida Catastrophe Insurance Futures (WF )
Contract Months: All Months

Options Margin Parameters for XW, XY & XF:

Short option minimum: $25
Extreme move: 4
Extreme move coverage: $0.25
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com