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From:tana.jones@enron.com
To:greg.whiting@enron.com
Subject:(00-356) Margin Rate Change for Palo Verde, COB, and Mid-Columbia
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Date:Wed, 18 Oct 2000 01:41:00 -0700 (PDT)

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----- Forwarded by Tana Jones/HOU/ECT on 10/18/2000 08:40 AM -----

exchangeinfo@nymex.com
10/18/2000 09:30 AM

To: tana.jones@enron.com
cc:
Subject: (00-356) Margin Rate Change for Palo Verde, COB, and Mid-Columbia
River Electricity Futures


Notice No. 00-356
October 18, 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: Thursday, October 19, 2000 (close of business)

Futures Contracts: California Oregon Border, Palo Verde, and Mid-Columbia
Electricity Futures

Contract Months: All months
Rate Change:

NYMEX Division Margins on California Oregon Border, Palo Verde, and
Mid-Columbia Electricity Futures Contracts

Effective Date: Thursday, October 19, 2000 (close of business)

Clearing Member (Maintenance Margin): Old: $9,000 New: $5,000

Member Customer (Initial Margin): Old: $9,900 New: $5,500

Non-Member Customer (Initial Margin): Old: $12,150 New: $6,750

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
California Oregon Border, Palo Verde, and Mid-Columbia River Electricity
Futures Contracts.



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