Margins rates on the first month of the San Juan basis swap futures contract will decrease to $800 from $1,100 for clearing members, to $880 from $1,210 for members, and to $1,080 from $1,485 for customers. Margins on the second month will increase to $775 from $475 for clearing members, to $853 from $523 for members, and to $1,046 from $641 for customers. The margins on the third to sixth months will increase to $800 from $475 for clearing members, to $880 from $523 for members, and to $1,080 from $641 for customers. Margins on the seventh to 12th months will decrease to $425 from $475 for clearing members, to $468 from $523 for members, and to $574 from $641 for customers. The margins on all other months will decrease to $200 from $475 for clearing members, to $220 from $523 for members, and to $270 from $641 for customers.
Margins on the first month of the NGPL Mid–Continent basis swap futures contract will decrease to $925 from $1,200 for clearing members, to $1,018 from $1,320 for members, and to $1,249 from $1,620 for customers. Margins on the second month will decrease to $475 from $500 for clearing members, to $523 from $550 for members, and to $641 from $675 for customers. The margins on the third to sixth months will increase to $675 from $500 for clearing members, to $743 from $550 for members, and to $911 from $675 for customers. Margins on the seventh to 12th months will decrease to $275 from $500 for clearing members, to $303 from $550 for members, and to $371 from $675 for customers. The margins on all other months will decrease to $175 from $500 for clearing members, to $193 from $550 for members, and to $236 from $675 for customers.
The intra–commodity spread margin rates for both contracts are unchanged at $25 for clearing members, to $28 for members, and to $34 for customers. The spot assessments are unchanged at $250 for each contract.
