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The Exchange will decrease the margins on the spot month of Henry Hub natural gas futures to $6,500 from $8,000 for clearing members, to $7,150 from $8,800 for members, and to $8,775 from $10,800 for customers. Margins on the second through sixth months will decrease to $4,500 from $6,000 for clearing members, to $4,950 from $6,600 for members, and to $6,075 from $8,100 for customers. Margins on all other months will remain unchanged.
Margins on the spot month of the Henry Hub swaps futures contract will decrease to $1,625 from $2,000 for clearing members, to $1,788 from $2,200 for members, and to $2,194 from $2,700 for customers. Margins on the second through sixth months will decrease to $1,125 from $1,500 for clearing members, to $1,238 from $1,650 for members, and to $1,519 from $2,025 for customers. Margins on all other months will remain unchanged.
The margins on the first month of natural gas e-miNYsm futures will decrease to $2,600 from $3,200 for clearing members, to $2,860 from $3,520 for members, and to $3,510 from $4,320 for customers. Margins on the second month will decrease to $1,800 from $2,400 for clearing members, to $1,980 from $2,640 for members, and to $2,430 from $3,240 for customers.
Margins for the Alberta natural gas basis contract for the first month will increase to $600 from $525 for clearing members; to $660 from $578 for members; and to $810 from $709 for customers. Margins on the second month will decrease to $350 from $400 for clearing members; to $385 from $440 for members; and to $473 from $540 for customers. Margins on the third to 12th months will increase to $250 from $200 for clearing members; to $275 from $220 for members; and to $338 from $270 for customers. Margins on the 13th month and beyond will remain unchanged.
The margin rates on the Chicago basis contract for the first month will decrease to $150 from $170 for clearing members; to $165 from $187 for members; and to $203 from $230 for customers. Margins on all other months will remain unchanged.
The margin rates on the Houston Ship Channel basis contract for the first month will increase to $200 from $150 for clearing members; to $220 from $165 for members; and to $270 from $203 for customers. Margins on the second month and beyond will increase to $150 from $100 for clearing members; to $165 from $110 for members; and to $203 from $135 for customers.
The margin rates on the San Juan basis contract for the first month will increase to $700 from $500 for clearing members; to $770 from $550 for members; and to $945 from $675 for customers. Margins on the second month and beyond will increase to $600 from $500 for clearing members; to $660 from $550 for members; and to $810 from $675 for customers.
The margin rates on the Southern California basis contract for the first month will increase to $650 from $400 for clearing members; to $715 from $440 for members; and to $878 from $540 for customers. Margins on the second month and beyond will increase to $500 from $300 for clearing members; to $550 from $330 for members; and to $675 from $405 for customers.
The margin rates on the Transco Zone 6 basis contract for the first two months will remain unchanged. Margins on the third to sixth months will increase to $250 from $200 for clearing members; to $275 from $220 for members; and to $338 from $270 for customers. Margins on the seventh through 12th months will remain the same. Margins on the 13th month and beyond will decrease to $100 from $150 for clearing members; to $110 from $165 for members; and to $135 from $203 for customers.
The margin rates on the Panhandle basis contract will increase for the first month to $300 from $175 for clearing members; to $330 from $193 for members; and to $405 from $236 for customers. Margins on the second month and beyond will increase to $175 from $100 for clearing members; to $193 from $110 for members; and to $236 from $135 for customers.
The margin rates on the MichCon Pipeline basis contract will decrease for the first month to $200 from $250 for clearing members; to $220 from $275 for members; and to $270 from $338 for customers. Margins on the second month and beyond will increase to $150 from $100 for clearing members; to $165 from $110 for members; and to $203 from $135 for customers.
The margin rates on the Permian basis contract will increase for the first month to $600 from $350 for clearing members; to $660 from $385 for members; and to $810 from $473 for customers. Margins on all other months will remain unchanged.
The margin rates on the Texas Eastern Zone M-3 basis contract will increase for the first month to $550 from $450 for clearing members; to $605 from $495 for members; and to $743 from $608 for customers. Margins on the second month and beyond will increase to $475 from $250 for clearing members; to $523 from $275 for members; and to $641 from $338 for customers.
The margin rates on the PG&E Malin basis contract will increase for the first month to $750 from $400 for clearing members; to $825 from $440 for members; and to $1,013 from $540 for customers. Margins on the second month and beyond will increase to $500 from $275 for clearing members; to $550 from $303 for members; and to $675 from $371 for customers.
The margin rates on the PG&E Citygate basis contract will increase for the first month to $500 from $375 for clearing members; to $550 from $413 for members; and to $675 from $506 for customers. Margins on the second month and beyond will increase to $500 from $250 for clearing members; to $550 from $275 for members; and to $675 from $338 for customers.
The margin rates on the Natural Gas Pipeline Texas Oklahoma basis contract will increase for the first month to $150 from $125 for clearing members; to $165 from $138 for members; and to $203 from $169 for customers. Margins on the second month and beyond will increase to $100 from $50 for clearing members; to $110 from $55 for members; and to $135 from $68 for customers.
The margin rates on the Natural Gas Pipeline Mid-Continent basis contract will increase for the first month to $350 from $200 for clearing members; to $385 from $220 for members; and to $473 from $270 for customers. Margins on all other months remain unchanged.
