Exchange To Decrease Spot Month Margins On Henry Hub Natural Gas Futures, Swap Futures, And e-miNY<SUP>sm</SUP> Futures Contracts

The New York Mercantile Exchange, Inc., announced today that it will decrease the margins on the spot months of its Henry Hub natural gas futures, swap futures, and e-miNY^sm futures contracts at the close of business tomorrow.

The Exchange will decrease the margins on the spot month of the standard-sized futures contract to $4,000 from $5,500 for clearing members, to $4,400 from $6,050 for members, and to $5,400 from $7,425 for customers.

Margins on the spot month of the Henry Hub swaps futures contract will be decreased to $1,000 from $1,375 for clearing members, to $1,100 from $1,513 for members, and to $1,350 from $1,856 for customers.

The margins on the first month of e-miNY^sm natural gas futures will be decreased to $2,000 from $2,750 for clearing members, to $2,200 from $3,025 for members, and to $2,700 from $3,713 for customers.