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Enron Mail |
Notice No. 00-423
December 12, 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, December 13, 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, December 13, 2000 (close of business) Clearing Member (Maintenance Margin): Old: $12,000 New: $14,000 Member Customer (Initial Margin): Old: $13,200 New: $15,400 Non-Member Customer (Initial Margin): Old: $16,200 New: $18,900 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=tana.jones@enron.com&refdo c=(00-423)" 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.
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