Enron Mail

From:exchangeinfo@nymex.com
To:tana.jones@enron.com
Subject:(00-402) MARGIN RATE CHANGE for Natural Gas
Cc:
Bcc:
Date:Tue, 21 Nov 2000 01:22:00 -0800 (PST)

Notice No. 00-402
November 21, 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: Wednesday, November 22, 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: Wednesday, November 22, 2000 (close of business)
Clearing Member (Maintenance Margin): Old: $5,500 New: $6,500
Member Customer (Initial Margin): Old: $6,050 New: $7,150
Non-Member Customer (Initial Margin): Old: $7,425 New: $8,775
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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