Nymex To Change Margins On Natural Gas Futures And Other Related Contracts

The New York Mercantile Exchange, Inc., announced today that it will change the margins on its natural gas futures, Henry Hub natural gas swap futures, e-miNY^sm natural gas futures, Henry Hub natural gas penultimate swap futures, and Henry Hub natural gas swing swap futures contracts at the close of business on June 21.

The margins on the first and second nearby months of the natural gas futures contract will increase to $5,000 from $4,500 for clearing members, to $5,500 from $4,950 for members, and to $6,750 from $6,075 for customers.

Margins on the third through sixth nearby months will increase to $5,000 from $4,000 for clearing members, to $5,500 from $4,400 for members, and to $6,750 from $ 5,400 for customers. Margins for all other months will remain unchanged.

The margins on the first and second nearby months of the Henry Hub natural gas swap futures contract will increase to $1,250 from $1,125 for clearing members, to $1,375 from $1,238 for members, and to $1,688 from $1,519 for customers.

Margins on the third through sixth nearby months will increase to $1,250 from $1,000 for clearing members, to $1,375 from $1,100 for members, and to $1,688 from $1,350 for customers. Margins for all other months will remain unchanged.

Margins on both listed months of the e-miNY^sm natural gas futures contract will increase to $2,500 from $2,250 for clearing members, to $2,750 from $3,475 for members, and to $2,375 from $3,038 for customers.

Margins on the spot month of the Henry Hub natural gas swing swap futures contract will increase to $1,250 from $1,125 for clearing members, to $1,375 from $1,238 for members, and to $1,688 from $1,519 for customers.

Margins on the first and second nearby months of the Henry Hub natural gas penultimate swap futures contract will increase to $1,250 from $1,125 for clearing members, to $1,375 from $1,238 for members, and to $1,688 from $1,519 for customers.

Margins on the third through sixth nearby months will increase to $1,250 from $1,000 for clearing members, to $1,375 from $1,100 for members, and to $1,688 from $1,350 for customers. Margins for all other months will remain unchanged.