04/17/2007
Futures Contracts: Texas Eastern Zone M-3 Swap (NX) and Transco Zone 6 Swap (NZ)
Contract Months: All Months
NYMEX Division Scan and Intra-Commodity Spread
Tiers For Texas Eastern Zone M-3 (NX) Natural Gas Basis Swap
Tiers |
New |
Old |
1 |
1st Nearby |
1st Nearby |
2 |
2nd -5th Nearby |
2nd And Greater |
3 |
6th - 10th Nearby |
N/A |
4 |
11th-17th Nearby |
N/A |
5 |
18th And Greater |
N/A |
NYMEX Division Scan and Intra-Commodity Spread Tiers For Transco Zone
6 (NZ) Natural Gas Basis Swap
Tiers |
New |
Old |
1 |
1st Nearby |
1st Nearby |
2 |
2nd -5th Nearby |
2nd Nearby |
3 |
6th - 10th Nearby |
3rd - 6th Nearby |
4 |
11th-17th Nearby |
7th - 12th Nearby |
5 |
18th And Greater |
13th And Greater |
NYMEX Division Intra-Commodity Spread Margin Rates For
Texas Eastern Zone M-3 Swap (NX) 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 |
| Texas Eastern Zone M-3 Swap (NX) | ||||||
| Tier 1: 1st Nearby | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
| Tier 2: 2nd -5th Nearby | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
| Tier 3: 6th - 10th Nearby | $25 |
N/A |
$28 |
N/A |
$34 |
N/A |
| Tier 4: 11th-17th Nearby | $25 |
N/A |
$28 |
N/A |
$34 |
N/A |
| Tier 5: 18th And Greater | $25 |
N/A |
$28 |
N/A |
$34 |
N/A |
NYMEX Division Intra-Commodity Spread Margin Rates For Transco Zone 6 Swap (NZ) Natural Gas Basis Swapss
| 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 Swap (NZ) | ||||||
| Tier 1: 1st Nearby | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
| Tier 2: 2nd -5th Nearby | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
| Tier 3: 6th - 10th Nearby | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
| Tier 4: 11th-17th Nearby | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
| Tier 5: 18th And Greater | $25 |
$25 |
$28 |
$28 |
$34 |
$34 |
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 |
| Texas Eastern Zone M-3 Swap (NX) | ||||||
| Tier 1: 1st Nearby | $200 |
$800 |
$220 |
$880 |
$270 |
$1,080 |
| Tier 2: 2nd -5th Nearby | $250 |
$600 |
$275 |
$660 |
$338 |
$810 |
| Tier 3: 6th - 10th Nearby | $400 |
N/A |
$440 |
N/A |
$540 |
N/A |
| Tier 4: 11th-17th Nearby | $200 |
N/A |
$220 |
N/A |
$270 |
N/A |
| Tier 5: 18th And Greater | $250 |
N/A |
$275 |
N/A |
$338 |
N/A |
| Transco Zone 6 Swap (NZ) | ||||||
| Tier 1: 1st Nearby | $200 |
$1,500 |
$220 |
$1,650 |
$270 |
$2,025 |
| Tier 2: 2nd -5th Nearby | $300 |
$900 |
$330 |
$990 |
$405 |
$1,215 |
| Tier 3: 6th - 10th Nearby | $750 |
$750 |
$825 |
$825 |
$1,013 |
$1,013 |
| Tier 4: 11th-17th Nearby | $300 |
$300 |
$330 |
$330 |
$405 |
$405 |
| Tier 5: 18th And Greater | $300 |
$300 |
$330 |
$330 |
$405 |
$405 |