The margins on the first month of the standard–sized futures contract will increase to $5,500 from $5,000 for clearing members, to $6,050 from $5,500 for members, and to $7,425 from $6,750 for customers.
Margins on the second through fourth months will increase to $5,000 for clearing members, to $5,500 for members, and to $6,750 for customers. Margins on the fifth month will increase to $4,750 for clearing members, $5,225 for members, and $6,413 for customers. Sixth–month margins will decrease to $3,500 for clearing members, $3,850 for members, and $4,725 for customers. These margins will change from the current $4,500 for clearing members, $4,950 for members, and $6,075 for customers.
Margins on the eighth month will increase to $3,000 from $2,000 for clearing members, to $3,300 from $2,200 for members, and to $4,050 from $2,700 for customers. Margins on the ninth through 13th months will increase to the same levels from $2,500 for clearing members, from $2,750 for members, and from $3,375 for customers.
Margins on the 14th month will decrease to $1,500 from $2,500 for clearing members, to $1,650 from $2,750 for members, and to $2,025 from $3,375 for customers. Margins on the 15th to 18th months will decrease to the same levels from $3,000 for clearing members, $3,300 for members, and from $4,050 for customers.
Margins on the 19th through 29th months will increase to $1,500 from $1,000 for clearing members, to $1,650 from $1,100 for members, and to $2,025 from $1,350 for customers.
Margins on all other months are unchanged.
The margins on the first month of the Henry Hub swap futures contract will increase to $1,375 from $1,250 for clearing members, to $1,513 from $1,375 for members, and to $1,856 from $1,688 for customers.
Margins on the second through fourth months will increase to $1,250 for clearing members, to $1,375 for members, and to $1,688 for customers. Margins on the fifth month will increase to $1,188 for clearing members, $1,306 for members, and $1,603 for customers. Sixth–month margins will decrease to $875 for clearing members, $963 for members, and $1,181 for customers. These margins will change from the current $1,125 for clearing members, $1,238 for members, and $1,519 for customers.
Margins on the eighth month will increase to $750 from $500 for clearing members, to $825 from $550 for members, and to $1,013 from $675 for customers. Margins on the ninth through 13th months will increase to the same levels from $625 for clearing members, from $688 for members, and from $844 for customers.
Margins on the 14th month will decrease to $375 from $625 for clearing members, to $413 from $688 for members, and to $506 from $844 for customers. Margins on the 15th to 18th months will decrease to the same levels from $750 for clearing members, $825 for members, and from $1,013 for customers.
Margins on the 19th through 29th months will increase to $375 from $250 for clearing members, to $413 from $275 for members, and to $506 from $338 for customers.
Margins on all other months are unchanged.
Margins on the first month of the e–miNYsm natural gas futures contract will increase to $2,750 from $2,500 for clearing members; to $3,025 from $2,750 for members; and to $3,713 from $3,375 for customers.
Margins on the second month will increase to $2,500 from $2,250 for clearing members; to $2,750 from $2,475 for members; and to $3,375 from $3,038 for customers.
Margins on inter–month spreads involving the second through fourth months of the benchmark natural gas futures contract will increase to $750 from $500 for clearing members, to $825 from $550 for members, and to $1,013 from $675 for customers.
Margins on spreads involving the 19th through 29th months will increase to $500 from $250 for clearing members, to $550 from $275 for members, and to $675 from $338 for customers.
Inter–month spread margins between all other months of the contract will remain unchanged.
Margins on inter–month spreads involving the second through fourth months of the Henry Hub swap futures contract will increase to $188 from $125 for clearing members, to $206 from $138 for members, and to $253 from $169 for customers.
Margins on spreads involving the 19th through 29th months will increase to $125 from $63 for clearing members, to $138 from $69 for members, and to $169 from $84 for customers.
The inter–month spread margins between all other months of the contract will remain unchanged.
