03/04/2008
Futures Contract: NYISO Zone A – Off-Peak (KB), NYISO Zone G – Off-Peak (KH), NYISO Zone J – Off-Peak (KK), ISO New England Hub LMP Off-Peak (KI), PJM Western Hub LMP Off-Peak Monthly (JP), AEP-Dayton Hub – Off Peak (VP)
Contract Months: Tier 1 Only
NYMEX Division Outright (Scan) Margins on NYISO Zone A – Off Peak (KB)
| Contract |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,500 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
NYMEX Division Outright (Scan) Margins on NYISO Zone G – Off Peak (KH)
| Contract |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,500 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
NYMEX Division Outright (Scan) Margins on NYISO Zone J – Off Peak (KK)
| Contract |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,500 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
| Tier 3: 7th - 11th Nearby | $3,500 |
$3,500 |
$3,850 |
$3,850 |
$4,725 |
$4,725 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
NYMEX Division Outright (Scan) Margins on ISO New England Internal Hub
– Off Peak (KI)
| Contract |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $4,500 |
$5,000 |
$4,950 |
$5,500 |
$6,075 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $4,000 |
$4,000 |
$4,400 |
$4,400 |
$5,400 |
$5,400 |
| Tier 3: 7th - 11th Nearby | $4,000 |
$4,000 |
$4,400 |
$4,400 |
$5,400 |
$5,400 |
| Tier 4: Greater than 11th Nearby | $3,000 |
$3,000 |
$3,300 |
$3,300 |
$4,050 |
$4,050 |
NYMEX Division Outright (Scan) Margins on PJM Western Hub LMP – Off Peak
Monthly (JP)
| Contract |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $6,000 |
$5,000 |
$6,600 |
$5,500 |
$8,100 |
$6,750 |
| Tier 2: 2nd - 6th Nearby | $4,000 |
$4,000 |
$4,400 |
$4,400 |
$5,400 |
$5,400 |
| Tier 3: 7th - 11th Nearby | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
| Tier 4: Greater than 11th Nearby | $2,500 |
$2,500 |
$2,750 |
$2,750 |
$3,375 |
$3,375 |
NYMEX Division Outright (Scan) Margins on AEP-Dayton Hub – Off Peak (VP)
| Contract |
Clearing Member / Maintenance
Margin |
Member Customer Initial Margin |
Non-Member Customer Initial Margin |
|||
New |
Old |
New |
Old |
New |
Old |
|
| Tier 1: 1st Nearby | $3,500 |
$4,000 |
$3,850 |
$4,400 |
$4,725 |
$5,400 |
| Tier 2: 2nd - 6th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 3: 7th - 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
| Tier 4: Greater than 11th Nearby | $1,500 |
$1,500 |
$1,650 |
$1,650 |
$2,025 |
$2,025 |
This notice supersedes all previous notices regarding margin rates for the Electricity Futures contracts listed above.