Nymex Announces Margin Rates For Five New Electricity Futures Contracts

The New York Mercantile Exchange, Inc., today announced the margin rates for the five new electricity futures contracts that begin clearing and trading on NYMEX ClearPort® on January 8 for the trade date of January 9.

The margin rate for the Cinergy hub peak daily futures contract will be $1,000 for clearing members, $1,100 for members, and $1,350 for customers.

The margin rate for the ISO New England peak daily futures contract will be $1,500 for clearing members, $1,650 for members, and $2,025 for customers.

The margin rates for the NYISO Zone A peak daily futures, NYISO Zone J peak daily futures, and NYISO ZoneG peak daily futures contracts will be $3,000 for clearing members, $3,300 for members, and $4,050 for customers.