02/08/2007
Effective Date: Friday, February 9, 2007 (close of business)
Futures Contracts: Sonat Basis Swap (SZ ).
Contract Months: Tier 1
Note: The revised margin rates are in bold.
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 - 1st Nearby |
$250 |
$125 |
$275 |
$138 |
$338 |
$169 |
Tier 2: 2nd Nearby |
$75 |
$75 |
$83 |
$83 |
$101 |
$101 |
Tier 3: 3rd - 6th Nearby |
$75 |
$75 |
$83 |
$83 |
$101 |
$101 |
Tier 4: 7th - 12th Nearby |
$200 |
$200 |
$220 |
$220 |
$270 |
$270 |
Tier 5: 13th And Greater |
$200 |
$200 |
$220 |
$220 |
$270 |
$270 |