Notice to Members
Notice No. 525
11/21/2007
Outright (SCAN) Margin Rate Changes for the Existing Natural Gas Basis Contracts
EFFECTIVE DATE:    Monday, November 26, 2007 (close of business)

FUTURES CONTRACTS: Texas Eastern Zone M-3 Basis Swap (NX), Transco Zone 6 Basis Swap (NZ

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
Texas Eastern Zone M-3 Basis Swap (NX)
Tier 1
$500
$200
$550
$220
$675
$270
Tier 2
$250
$250
$275
$275
$338
$338
Tier 3
$400
$400
$440
$440
$540
$540
Tier 4
$200
$200
$220
$220
$270
$270
Tier 5
$250
$250
$275
$275
$338
$338
Transco Zone 6 Basis Swap (NZ)
Tier 1
$750
$300
$825
$330
$1,013
$405
Tier 2
$500
$500
$550
$550
$675
$675
Tier 3
$1,000
$1,000
$1,100
$1,100
$1,350
$1,350
Tier 4
$300
$300
$330
$330
$405
$405
Tier 5
$300
$300
$330
$330
$405
$405
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com