Notice to Members
Notice No. 06
01/07/2008
Outright (SCAN) Margin Rates Change for Propane Futures Contracts

EFFECTIVE DATE: Tuesday, January 8, 2008 (close of business)

FUTURES CONTRACTS: Propane Futures (PN)

CONTRACT MONTHS: All Months

NOTE: The revised margins are in bold.

NYMEX Division Outright Margins on PN

Contract

Clearing Member / Maintenance Margin

Member Customer Initial Margin

Non-Member Customer Initial Margin

 

New

Old

New

Old

New

Old

PN

$3,250

$2,250

$3,575

$2,475

$4,388

$3,038

This notice supersedes all previous notices regarding margin rates for Propane Futures Contracts.

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com