New York Mercantile Exchange Announces Margins For New Penultimate Natural Gas Swap Futures

The New York Mercantile Exchange, Inc., today announced the margins for its new Henry Hub penultimate swap futures contracts that will be launched at 7:00 PM Sunday on NYMEX ClearPortsm for the October 18 trading session.

The margins on the spot month will be $1,625 for clearing members, $1,788 for members, and $2,194 for customers.

Margins on the second through fourth months will be $1,500 for clearing members, $1,650 for members, and $2,025 for customers.

Margins on the fifth month will be $1,375 for clearing members, $1,513 for members, and $1,856 for customers.Margins on the sixth month will be $875 for clearing members, $963 for members, and $1,181 for customers.

Margins on the seventh through 14th months will be $750 for clearing members, $825 for members, and $1,013 for customers.

Margins on the 15th through 29th months will be $375 for clearing members, $413 for members, and $506 for customers.

Margins on all other months will be $250 for clearing members, $275 for members and $338 for customers.

Margins on inter-month spreads involving the spot month will be $250 for clearing members, $275 for members and $338 for customers.

Margins on spreads involving the second through fourth months will be $188 for clearing members, $206 for members, and $253 for customers.

Inter–month spread margins on the fifth through 29th months will be $125 for clearing members, $138 for members, and $169 for customers.

Margins on inter–month spreads for all other months will be $63 for clearing members, $69 for members, and $84 for customers.