Nymex To Amend Minimum Margin Increase On Natural Gas Options Contracts

The New York Mercantile Exchange, Inc., announced today that the previously announced minimum margin increase to $25 from $10 on short positions on its floor-traded and NYMEX ClearPortsm-cleared natural gas options contracts will be implemented in two steps.

The minimum margin on short positions will increase to $15 from $10 at the close of business on April 1. A second increase to $25 from $15 will go into effect at the close of business on May 2.