Notice to Members
Notice No. 326
06/18/2008
Outright (SCAN) Margin Rate Changes for Financially Settled Electricity Contracts
Effective Date: Thursday, June 19, 2008 (close of business)

Futures Contracts: NYISO Zone A – Peak (KA), NYISO Zone G – Peak (KG), and NYISO Zone J – Peak (KJ)

Contract Months:
All Months

Note: The revised margins are in bold

NYMEX Division Outright (Scan) Margins on NYISO Zone A – Peak (KA)
 
 
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
Tier 1: 1st Nearby $4,000 $3,000 $4,400 $3,300 $5,400 $4,050
Tier 2: 2nd - 6th Nearby $4,000 $3,500 $4,400 $3,850 $5,400 $4,725
Tier 3: 7th - 11th Nearby $2,500 $2,500 $2,750 $2,750 $3,375 $3,375
Tier 4: Greater than 11th Nearby $2,000 $2,000 $2,200 $2,200 $2,700 $2,700


NYMEX Division Outright (Scan) Margins on NYISO Zone G – Peak (KG)
 
 
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
Tier 1: 1st Nearby $8,000 $4,000 $8,800 $4,400 $10,800 $5,400
Tier 2: 2nd - 6th Nearby $5,500 $4,500 $6,050 $4,950 $7,425 $6,075
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 NYISO Zone J – Peak (KJ)
 
 
Clearing Member / Maintenance Margin
Member Customer Initial Margin
Non-Member Customer Initial Margin
 
New
Old
New
Old
New
Old
Tier 1: 1st Nearby $9,000 $4,000 $9,900 $4,400 $12,150 $5,400
Tier 2: 2nd - 6th Nearby $5,000 $4,500 $5,500 $4,950 $6,750 $6,075
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

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