Enron Mail

From:exchangeinfo@nymex.com
To:tana.jones@enron.com
Subject:(00-397) Margin Rate Increase for Natural Gas
Cc:
Bcc:
Date:Thu, 16 Nov 2000 07:10:00 -0800 (PST)

Notice No. 00-397
November 16, 2000

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 Increase for Natural Gas
_________________________________________________

Effective Date: Friday, November 17, 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

Effective Date: Friday, November 17, 2000 (close of business)

Clearing Member (Maintenance Margin): Old: $4,200 New: $5,500
Member Customer (Initial Margin): Old: $4,620 New: $6,050
Non-Member Customer (Initial Margin): Old: $5,670 New: $7,425

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.


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