10/04/2007
Futures Contract:
Dow Jones North Path – 15 Index (DN), Dow Jones Mid-Columbia Index (DO), Dow Jones Palo Verde Index (DP), Cinergy Hub LMP – Peak (EM), Cinergy Hub LMP – Off Peak (EJ), NYISO Zone A LBMP – Peak (KA), NYISO Zone A LBMP – Off Peak (KB), NYISO Zone G LBMP – Peak (KG), NYISO Zone G LBMP – Off Peak (KH), NYISO Zone J LBMP – Peak (KJ), NYISO Zone J LBMP – Off Peak (KK), New England Internal Hub – Peak (NI), Northern Illinois Hub – Peak (UM), Northern Illinois Hub – Off Peak (UO), AEP-Dayton Hub – Peak (VM), and AEP-Dayton Hub – Off Peak (VP)Contract Months: All Months
NYMEX Division Outright (Scan) Margins on Dow Jones NP15 Electricity
Prices Index Swap (DN)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $8,000 |
$9,000 |
$8,800 |
$9,900 |
$10,800 |
$12,150 |
| Tier 2: 2nd - 6th Nearby | $8,000 |
$9,000 |
$8,800 |
$9,900 |
$10,800 |
$12,150 |
| Tier 3: 7th - 11th Nearby | $8,000 |
$5,000 |
$8,800 |
$5,500 |
$10,800 |
$6,750 |
| Tier 4: Greater than 11th Nearby | $5,000 |
$5,000 |
$5,500 |
$5,500 |
$6,750 |
$6,750 |
NYMEX Division Outright (Scan) Margins on Dow Jones Mid-Columbia Electricity
Prices Index Swap (DO)
NYMEX Division Outright (Scan) Margins on Dow Jones Palo Verde Electricity Prices Index Swap (DP)
NYMEX Division Outright (Scan) Margins on Cinergy Hub LMP – Peak (EM)
NYMEX Division Outright (Scan) Margins on Cinergy Hub LMP – Off Peak (EJ)
NYMEX Division Outright (Scan) Margins on NYISO Zone A – Peak (KA)
NYMEX Division Outright (Scan) Margins on NYISO Zone A – Off Peak (KB)
NYMEX Division Outright (Scan) Margins on NYISO Zone G – Peak (KG)
NYMEX Division Outright (Scan) Margins on NYISO Zone G – Off Peak (KH)
NYMEX Division Outright (Scan) Margins on NYISO Zone J – Peak (KJ)
NYMEX Division Outright (Scan) Margins on NYISO Zone J – Off Peak (KK)
NYMEX Division Outright (Scan) Margins on ISO New England Internal Hub – Peak (NI)
NYMEX Division Outright (Scan) Margins on Northern Illinois Hub – Peak (UM)
NYMEX Division Outright (Scan) Margins on Northern Illinois Hub – Off Peak (UO)
NYMEX Division Outright (Scan) Margins on AEP-Dayton Hub – Peak (VM)
NYMEX Division Outright (Scan) Margins on AEP-Dayton Hub – Off Peak (VP)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $8,000 |
$10,000 |
$8,800 |
$11,000 |
$10,800 |
$13,500 |
| Tier 2: 2nd - 6th Nearby | $8,000 |
$9,000 |
$8,800 |
$9,900 |
$10,800 |
$12,150 |
| Tier 3: 7th - 11th Nearby | $8,000 |
$5,000 |
$8,800 |
$5,500 |
$10,800 |
$6,750 |
| Tier 4: Greater than 11th Nearby | $5,000 |
$5,000 |
$5,500 |
$5,500 |
$6,750 |
$6,750 |
NYMEX Division Outright (Scan) Margins on Dow Jones Palo Verde Electricity Prices Index Swap (DP)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $8,000 |
$9,000 |
$8,800 |
$9,900 |
$10,800 |
$12,150 |
| Tier 2: 2nd - 6th Nearby | $8,000 |
$9,000 |
$8,800 |
$9,900 |
$10,800 |
$12,150 |
| Tier 3: 7th - 11th Nearby | $8,000 |
$5,000 |
$8,800 |
$5,500 |
$10,800 |
$6,750 |
| Tier 4: Greater than 11th Nearby | $5,000 |
$6,500 |
$5,500 |
$7,150 |
$6,750 |
$8,775 |
NYMEX Division Outright (Scan) Margins on 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 | $5,500 |
$6,500 |
$6,050 |
$7,150 |
$7,425 |
$8,775 |
| Tier 2: 2nd - 6th Nearby | $4,500 |
$5,500 |
$4,950 |
$6,050 |
$6,075 |
$7,425 |
| Tier 3: 7th - 11th Nearby | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,500 |
$3,300 |
$3,850 |
$4,050 |
$4,725 |
NYMEX Division Outright (Scan) Margins on Cinergy Hub LMP – Off Peak (EJ)
| 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 |
$4,000 |
$3,300 |
$4,400 |
$4,050 |
$5,400 |
| Tier 2: 2nd - 6th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 3: 7th - 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 4: Greater than 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
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 | $3,000 |
$3,500 |
$3,300 |
$3,850 |
$4,050 |
$4,725 |
| Tier 2: 2nd - 6th Nearby | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| Tier 3: 7th - 11th Nearby | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
| Tier 4: Greater than 11th Nearby | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
NYMEX Division Outright (Scan) Margins on NYISO Zone A – Off Peak (KB)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$3,000 |
$3,850 |
$3,300 |
$4,725 |
$4,050 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$3,000 |
$3,850 |
$3,300 |
$4,725 |
$4,050 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
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 | $3,000 |
$3,500 |
$3,300 |
$3,850 |
$4,050 |
$4,725 |
| Tier 2: 2nd - 6th Nearby | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| Tier 3: 7th - 11th Nearby | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
| Tier 4: Greater than 11th Nearby | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
NYMEX Division Outright (Scan) Margins on NYISO Zone G – Off Peak (KH)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$3,000 |
$3,850 |
$3,300 |
$4,725 |
$4,050 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$3,000 |
$3,850 |
$3,300 |
$4,725 |
$4,050 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
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 | $3,000 |
$3,500 |
$3,300 |
$3,850 |
$4,050 |
$4,725 |
| Tier 2: 2nd - 6th Nearby | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| Tier 3: 7th - 11th Nearby | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
| Tier 4: Greater than 11th Nearby | $2,000 |
$2,000 |
$2,200 |
$2,200 |
$2,700 |
$2,700 |
NYMEX Division Outright (Scan) Margins on NYISO Zone J – Off Peak (KK)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$3,000 |
$3,850 |
$3,300 |
$4,725 |
$4,050 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$3,000 |
$3,850 |
$3,300 |
$4,725 |
$4,050 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
NYMEX Division Outright (Scan) Margins on ISO New England Internal Hub – Peak (NI)
| 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 |
$8,000 |
$7,700 |
$8,800 |
$9,450 |
$10,800 |
| Tier 2: 2nd - 6th Nearby | $6,000 |
$7,000 |
$6,600 |
$7,700 |
$8,100 |
$9,450 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$4,000 |
$3,850 |
$4,400 |
$4,725 |
$5,400 |
| Tier 4: Greater than 11th Nearby | $2,500 |
$3,000 |
$2,750 |
$3,300 |
$3,375 |
$4,050 |
NYMEX Division Outright (Scan) Margins on Northern Illinois Hub – Peak (UM)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $10,000 |
$8,000 |
$11,000 |
$8,800 |
$13,500 |
$10,800 |
| Tier 2: 2nd - 6th Nearby | $6,000 |
$6,000 |
$6,600 |
$6,600 |
$8,100 |
$8,100 |
| Tier 3: 7th - 11th Nearby | $5,000 |
$5,000 |
$5,500 |
$5,500 |
$6,750 |
$6,750 |
| Tier 4: Greater than 11th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
NYMEX Division Outright (Scan) Margins on Northern Illinois Hub – Off Peak (UO)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 3: 7th - 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 4: Greater than 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
NYMEX Division Outright (Scan) Margins on AEP-Dayton Hub – Peak (VM)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $10,000 |
$8,000 |
$11,000 |
$8,800 |
$13,500 |
$10,800 |
| Tier 2: 2nd - 6th Nearby | $6,000 |
$6,000 |
$6,600 |
$6,600 |
$8,100 |
$8,100 |
| Tier 3: 7th - 11th Nearby | $5,000 |
$5,000 |
$5,500 |
$5,500 |
$6,750 |
$6,750 |
| Tier 4: Greater than 11th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
NYMEX Division Outright (Scan) Margins on AEP-Dayton Hub – Off Peak (VP)
| Tiers | Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non–Member Customer Initial
Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,000 |
$5,000 |
$4,400 |
$5,500 |
$5,400 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 3: 7th - 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 4: Greater than 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
This notice supersedes all previous notices regarding margin rates for the Electricity Futures contracts listed above.