Enron Mail

From:tana.jones@enron.com
To:greg.whiting@enron.com, sarah.wesner@enron.com
Subject:(01-34) Margin Rate Change for Propane
Cc:mary.cook@enron.com
Bcc:mary.cook@enron.com
Date:Mon, 29 Jan 2001 05:32:00 -0800 (PST)

----- Forwarded by Tana Jones/HOU/ECT on 01/29/2001 01:32 PM -----

exchangeinfo@nymex.com
01/29/2001 01:19 PM

To: tana.jones@enron.com
cc:
Subject: (01-34) Margin Rate Change for Propane


Notice No. 01-34
January 29, 2001

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: Tuesday, January 30, 2001 (close of business)

Futures Contract: Propane Gas Futures

Contract Months: All Months

Rate Change:
NYMEX Division Margins for Propane Gas Futures Contracts

Effective Date: Tuesday, January 30, 2001 (close of business)

Clearing Member (Maintenance Margin): Old: $1,900 New: $2,500

Member Customer (Initial Margin): Old: $2,090 New: $2,750

Non-Member Customer (Initial Margin): Old: $2,565 New: $3,375

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.




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