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FTSE Mondo Visione Exchanges Index:

Nymex To Adjust Natural Gas Margins

Date 30/11/2001

The New York Mercantile Exchange, Inc., today announced that it would establish varying margins for its natural gas futures contracts as of the close of business on Monday.

The spot month margins will remain at $4,500 for clearing members; to $4,950 for members; and $6,075 for customers. Margins in other months, which are currently at the same levels, will be reduced as follows:

Clearing Members Members Customers Second month $4,000 $4,400 $5,400 Third through sixth months $3,000 $3,300 $4,050 Seventh through 12th months $2,500 $2,750 $3,375 All other months $2,000 $2,200 $2,700 Margins for the Henry Hub natural gas swaps contract, which will be introduced on Sunday night for the Monday trading session, will be identical.