06/05/2007
Effective Date: Wednesday , June 6, 2007 (close of business)
Futures Contracts: Sonat Swap (SZ) .
Contract Months: All Months
Note: The revised margin rates are in bold.
NYMEX Division Scan and Intra-Commodity Spread Tiers For Sonat (SZ) Natural Gas Basis Swaps |
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Tiers |
New |
Old |
1 |
1st Nearby |
1st Nearby |
2 |
2nd Nearby |
2nd Nearby |
3 |
3rd - 4th Nearby |
3rd - 6th Nearby |
4 |
5th - 9th Nearby |
7th - 12th Nearby |
5 |
10th And Greater |
13th And Greater |
NYMEX Division Margin Rates For Existing Natural Gas Basis Swaps |
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|
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
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NATURAL GAS BASIS FINANCIAL |
New |
Old |
New |
Old |
New |
Old |
Sonat (SZ) |
|
|
|
|
|
|
Tier 1 |
$250 |
$250 |
$275 |
$275 |
$338 |
$338 |
Tier 2 |
$75 |
$75 |
$83 |
$83 |
$101 |
$101 |
Tier 3 |
$75 |
$75 |
$83 |
$83 |
$101 |
$101 |
Tier 4 |
$200 |
$200 |
$220 |
$220 |
$270 |
$270 |
Tier 5 |
$200 |
$200 |
$220 |
$220 |
$270 |
$270 |
NYMEX Division Intra-Commodity Spread Margin Rates Sonat (SZ) Natural Gas Basis Swaps |
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|
Clearing Member / Maintenance Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
NATURAL GAS BASIS FINANCIAL |
New |
Old |
New |
Old |
New |
Old |
Tiers |
|
|
|
|
|
|
1 |
$25 |
$25 |
$28 |
$28 |
$34 |
$34 |
2 |
$25 |
$25 |
$28 |
$28 |
$34 |
$34 |
3 |
$25 |
$25 |
$28 |
$28 |
$34 |
$34 |
4 |
$25 |
$25 |
$28 |
$28 |
$34 |
$34 |
5 |
$25 |
$25 |
$28 |
$28 |
$34 |
$34 |