New York Mercantile Exchange To Increase Margins On First Two Months Of Natural Gas Futures, Swap Futures, And e-miNY(sm) Futures Contracts

The New York Mercantile Exchange, Inc., announced that it will increase the margins on the first two months of its Henry Hub natural gas futures, swap futures, and e–miNYsm futures contracts at the close of business tomorrow.

The margins on the first month of the standard—sized futures contract will increase to $5,000 and the second month to $4,500, both from $4,000 for clearing members; to $5,500 on the first month and $4,950 on the second, from $4,400 for members; and to $6,750 on the first month and $6,075 on the second, from $5,400 for customers.

Margins on all other months are unchanged.

Margins on the first month of the Henry Hub swap futures contract will increase to $1,250 and the second month to $1,125, from $1,000 for clearing members; to $1,375 on the first month and $1,238 on the second, from $1,100 for members; and to $1,688 on the first month and $1,519 on the second, from $1,350 for customers.

Margins on all other months are unchanged.

Margins on the first month of the e–miNYsm natural gas futures contract will increase to $2,500 and the second month will increase to $2,250, both from $2,000 for clearing members; to $2,750 on the first month and $2,475 on the second month, from $2,200 for members; and to $3,375 on the first month and $3,038 on the second month, from $2,700 for customers.