Enron Mail

From:exchangeinfo@nymex.com
To:tana.jones@enron.com
Subject:(01-78) MARGIN RATE CHANGE FOR HENRY HUB NATURAL GAS FUTURES
Cc:
Bcc:
Date:Fri, 2 Mar 2001 01:42:00 -0800 (PST)

Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: exchangeinfo@nymex.com
X-To: tana.jones@enron.com
X-cc:
X-bcc:
X-Folder: \Tanya_Jones_June2001\Notes Folders\All documents
X-Origin: JONES-T
X-FileName: tjones.nsf

Notice No. 01-78
March 02, 2001
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 CHANGE FOR HENRY HUB NATURAL GAS FUTURES CONTRACTS

Effective Date: Friday, March 02, 2001 (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
Clearing Member (Maintenance Margin): Old: $6,000a/$5,000b New: $4,500
Member Customer (Initial Margin): Old: $6,600/$5,500 New: $4,950
Non-Member Customer (Initial Margin): Old: $8,100/$6,750 New: $6,075

a April 2001 futures contract only, b all subsequent futures contract months.

Intra-Commodity Straddle Margins

Clearing Member and Member Customer Maintenance
Group 1: Old: $2,500 New: $1,000 Group 1 ~ 1st Nearby
Group 2: Old: $2,500 New: $ 500 Group 2 ~ 2nd Nearby
Group 3: Old: $2,500 New: $ 500 Group 3 ~ 3rd - 6th Nearby
Group 4: Old: $1,000 New: $ 250 Group 4 ~ 7th - 12th Nearby
Group 5: Old: $ 200 New: $ 100 Group 5 ~ Greater than 12th
Nearby
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=(01-78)"

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.