The Exchange will increase the margin rates on the first two months of its Henry Hub natural gas futures contracts to $9,000 from $7,000 for clearing members; to $9,900 from $7,700 for members; and to $12,150 from $9,450 for customers. The rates for the third to sixth months will increase to $6,000 from $5,000 for clearing members; to $6,600 to $5,500 for members; and to $8,100 from $6,750 for customers. The rates for all other months will remain unchanged.
The margin rates on Henry Hub swap futures will increase for the first two months to $2,250 from $1,750 for clearing members; to $2,475 from $1,925 for members; and to $3,038 from $2,363 for customers. The rates for the third to sixth months will increase to $1,500 from $1,250 for clearing members; to $1,650 from $1,375 for members; and to $2,025 from $1,688 for customers. The rates on all other months will remain the same.
The margin rates on e-miNYsm natural gas futures will increase for all months to $3,600 from $2,800 for clearing members; to $3,960 from $3,080 for members; and to $4,860 from $3,780 for customers.
The rates on intra-month spreads in the Henry Hub natural gas futures contracts involving the first two months will increase to $2,000 from $1,000 for clearing members; to $2,200 from $1,100 for members; and to $2,700 from $1,350 for customers. Rates for spreads involving the third to sixth months will increase to $500 from $250 for clearing members; to $550 from $275 for members; and to $675 from $338 for customers. The rates for other months will remain unchanged.
The rates on intra-month spreads in the Henry Hub swap futures contract involving the first two months will increase to $500 from $250 for clearing members; to $550 from $275 for members; and to $675 from $338 for customers. Rates for those involving the third month to sixth months will increase to $125 from $63 for clearing members; to $138 from $69 for members; and to $169 from $85 for customers. The rates on spreads involving all other months will remain unchanged.
The intra-month spread margin rates for e-miNYsm natural gas futures will increase to $800 from $400 for clearing members; to $880 from $440 for members; and to $1,080 from $540 for customers.
Margins for the Alberta natural gas basis contract for the first month will increase to $525 from $510 for clearing members; to $578 from $561 for members; to $709 from $689 for customers. Margins on the second month will increase to $400 from $200 for clearing members; $440 from $220 for members; and $540 from $270 for customers. Margins on the third to 12th months will remain unchanged. Margins on the 13th month and beyond will decrease to $100 from $200 for clearing members; to $110 from $220 for members; and to $135 from $270 for customers.
The margin rates on the Chicago basis contract for the first month will decrease to $170 from $175 for clearing members; to $187 from $193 for members; to $230 from $236 for customers. Margins on the second month will decrease to $100 from $175 for clearing members; to $110 from $193 for members; and $135 from $236 for customers.
The margin rates on the Henry Hub natural gas basis contract for the first month will decrease to $50 from $90 for clearing members; to $55 from $99 for members; and to $68 from $122 for customers. Margins on the second month will decrease to $25 from $90 for clearing members; $28 from $99 for members; and $34 from $122 for customers.
The margin rates on the Houston Ship Channel basis contract for the first month will remain the same and the second month will increase to $100 from $50 for clearing members; to $110 from $55 for members; to $135 from $68 for customers.
The margin rates on the San Juan basis contract for the first two months will increase to $500 from $350 for clearing members; to $550 from $385 for members; to $675 from $473 for customers.
The margin rates on the Southern California basis contract for the first month will decrease to $400 from $450 for clearing members; to $440 from $495 for members; and to $540 from $608 for customers. The rates on all other months will remain unchanged.
The margin rates on the Transco Zone 6 basis contract for the first two months will remain the same. Margins on the third to 12th months will decrease to $200 from 250 for clearing members; to $220 from $275 for members; and to $270 from $338 for customers. Margins on the 13th month and beyond will decrease to $150 from $250 for clearing members; to $165 from $275 for members; and to $203 from $338 for customers.
The margin rates on the Northwest Pipeline, Rockies, basis contract for the first month will increase to $1,800 from $950 for clearing members; to $1,980 from $1,045 for members; and to $2,430 from $1,283 for customers. Margins on the second month will increase to $1,200 from $750 for clearing members; to $1,320 from $825 for members; and to $1,620 from $1,013 for customers. Margins on the third to sixth months will increase to $1,000 from $750 for clearing members, to $1,100 from $825 for members; to $1,350 from $1,013 for customers. Margins on the seventh to 12th months will decrease to $600 from $750 for clearing members; to $660 from $825 for members; and to $810 from $1,013 for customers. Margins on the 13th month and beyond will decrease to $400 from $750 for clearing members; to $440 from $825 for members; and to $540 from $1,013 for customers.
The margin rates on the Panhandle basis contract will increase for the first month to $175 from $150 for clearing members; to $193 from $165 for members; and to $236 from $203 for customers. Margins on the second month will increase to $100 from $75 for clearing members; to $110 from $83 for members; and to $135 from $101 for customers.
The margin rates on the MichCon Pipeline basis contract will increase for the first month to $250 from $50 for clearing members; to $275 from $55 for members; and to $338 from $68 for customers. Margins on the second month will increase to $100 from $50 for clearing members; to $110 from $55 for members; and to $135 from $68 for customers.
The margin rates on the Permian basis contract will increase for the first month to $350 from $300 for clearing members; to $385 from $330 for members; and to $473 from $405 for customers. Margins on the second month will increase to $250 from $175 for clearing members; to $275 from $193 for members; and to $338 from $236 for customers.
The margin rates on the Texas Eastern Zone M-3 basis will increase for the first month to $450 from $350 for clearing members; to $495 from $385 for members; and to $608 from $473 for customers. Margins on the second month will increase to $250 from $75 for clearing members; to $275 from $83 for members; and to $338 from $101 for customers.
The margin rates on the TCO basis contract will increase for the first month to $150 from $100 for clearing members; to $165 from $110 for members; and to $203 from $135 for customers. Margins on the second month will increase to $100 from $50 for clearing members; to $110 from $55 for members; and to $135 from $68 for customers.
The margin rates on the PG&E Malin basis contract will decrease for the first month to $400 from $600 for clearing members; to $440 from $660 for members; and to $540 from $810 for customers. All other months will remain unchanged.
The margin rates on the PG&E Citygate basis contract will decrease for the first month to $375 from $450 for clearing members; to $413 from $495 for members; and to $506 from $608 for customers. Margins on the second month will decrease to $250 from $450 for clearing members; to $275 from $495 for members; and to $338 from $608 for customers.
The margin rates on the NGPL Texas Oklahoma basis contract will decrease for the first month to $125 from $150 for clearing members; to $138 from $165 for members; and to $169 from $203 for customers. Margins no all other months will remain unchanged.
The margin rates on the ANR Oklahoma basis contract will increase to for the first month $125 from $100 for clearing members; to $138 from $110 for members; and to $169 from $135 for customers. Margins on the second month will increase to $100 from $50 for clearing members; to $110 from $55 for members; and to $135 from $68 for customers.
The margin rates on the Sumas basis contract will decrease for the first month to $300 from $650 for clearing members; to $330 from $715 for members; and to $405 from $878 for customers. Margins on all other months will remain unchanged.
The margin rates on the NGPL Mid-Continent basis contract will decrease for the first month to $200 from $300 for clearing members; to $220 from $330 for members; and to $270 from $405 for customers. Margins on the second month will increase to $150 from $100 for clearing members; to $165 from $110 for members; and to $203 from $135 for customers.
The margin rates on the Northern Natural Gas Demarcation basis contract will increase for the first month to $200 from $125 for clearing members; to $220 from $138 for members; and to $270 from $169 for customers. Margins on the second month will increase to $100 from $50 for clearing members; to $110 from $55 for members; and to $135 from $68 for customers.
The margin rates on the Dominion Transmission Inc. Appalachia basis contract will increase for the first month to $200 from $150 for clearing members; to $275 from $165 for members; and to $338 from $203 for customers. Margins on the second month will increase to $200 from $100 for clearing members; to $220 from $110 for members; and to $270 from $135 for customers.
