Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nymex Lowers Natural Gas And Coal Margins

Date 05/06/2002

The New York Mercantile Exchange, Inc., decreased the margins on its Henry Hub natural gas futures and swaps and coal futures contracts as of the close of business yesterday.

The natural gas futures margins was reduced to $2,500 from $4,000 for clearing members; $2,750 from $4,400 for members; and $3,375 from $5,400 for customers.

The Henry Hub swaps margins was reduced to $625 from $1,000 for clearing members; $688 from $1,100 for members; and $844 from $1,350 for customers.

The coal futures margins was changed to $1,000 from $2,000 for clearing members; $1,100 from $2,200 for members; and $1,350 from $2,700 for customers.