|
|
Enron Mail |
Notice No. 01-102
March 23, 2001 TO: ALL NYMEX DIVISION MEMBERS AND MEMBER FIRMS ALL NYMEX DIVISION CLEARING FIRMS ALL NYMEX DIVISION OPERATIONS MANAGERS FROM: Neal Wolkoff, Executive Vice President SUBJECT: MARGIN RATE CHANGE FOR PROPANE GAS FUTURES CONTRACTS Effective Date: Friday, March 23, 2001 (close of business) Futures Contract: Propane Gas Futures Contract Months: All Months Rate Change: NYMEX Division Margins for Propane Gas Futures Contracts Clearing Member (Maintenance Margin): Old: $2,500 New: $1,500 Member Customer (Initial Margin): Old: $2,750 New: $1,650 Non-Member Customer (Initial Margin): Old: $3,375 New: $2,025 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 Propane Gas Futures Contracts. __________________________________________________ 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=(01-102)" 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.
|