|
|
Enron Mail |
Notice No. 00-420
December 07, 2000 TO: ALL NYMEX MEMBERS AND MEMBER FIRMS ALL NYMEX CLEARING FIRMS ALL NYMEX OPERATIONS MANAGERS FROM: Neal Wolkoff, Executive Vice President SUBJECT: MARGIN RATE CHANGE Effective Date: Friday, December 08, 2000 (close of business) Futures Contract: Henry Hub Natural Gas Futures Contract Months: All Months Rate Change: NYMEX Division Margins on Henry Hub Natural Gas Futures Contracts Clearing Member (Maintenance Margin): Old: $10,000 New: $12,000 Member Customer (Initial Margin): Old: $11,000 New: $13,200 Non-Member Customer (Initial Margin): Old: $13,500 New: $16,200 Intra-Commodity Straddle Margin Clearing Member and Member Customer Maintenance Group 1: Old: $1,500 New: $2,500 Group 1 ~ 1st Nearby Group 2: Old: $500 New: $2,500 Group 2 ~ 2nd Nearby Group 3: Old: $500 New: $2,500 Group 3 ~ 3rd - 6th Nearby Group 4: Old: $250 New: $1,000 Group 4 ~ 7th - 12th Nearby Group 5: Old: $100 New: $200 Group 5 ~ Greater than 12th Nearby Should you have any questions regarding these changes, please contact Arthur McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855. This notice supersedes all previous notices regarding outright margins for the NYMEX Henry Hub Natural Gas Futures Contract. __________________________________________________ Please click on the link below to indicate you have received this email. "http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com& refdoc=(00-420)" Note: If you click on the above line and nothing happens, please copy the text between the quotes, open your internet browser, paste it into the web site address and press Return.
|