Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nymex Sets Margine For OTC Products For May 31 Launch

Date 29/05/2002

The New York Mercantile Exchange, Inc., today announced several further amendments to the intra-commodity spread margins for some of the over-the-counter energy products it will launch on May 31.

These include:

 

Clearing
Member/
Maintenance
Margin

Member
Customer
Initial Margin

Non-Member Customer
Initial Margin
NATURAL GAS      
Henry Hub Swap (First month) $125 $138 $169
Henry Hub Swap (Second through 12th months) $63 $69 $85
Henry Hub Swap (13th month and beyond) $25 $28 $34
ELECTRICITY      
Palo Verde Electricity $2500 $2750 $3375