NYMEX To Decrease Margins On Eastern Electricity Futures

The New York Mercantile Exchange will lower the margins on its Cinergy, Entergy, and Pennsylvania/New Jersey/Maryland electricity futures contracts as of the close of business today to $2,000 from $3,000 for clearing members; to $2,200 from $3,300 for member customers; and to $2,700 from $4,050 for customers.