Margins on the spot through eighth months of the natural gas futures contract remain unchanged at $4,000 for clearing members, $4,400 for members, and $5,400 for customers. Margins for the ninth and 10th months will increase to $4,000 from $2,000 for clearing members, to $4,400 from $2,200 for members, and to $5,400 from $2,700 for customers. Margins for the 11th through 18th months will increase to $2,500 from $1,500 for clearing members, to $2,750 from $1,650 for members, and to $3,375 from $2,025 for customers. Margins for all other months will be $1,500 for clearing members, to $1,650 for members, and $2,025 for customers.
Margins on the spot through eighth months of the Henry Hub swaps futures contract remain unchanged at $1,000 for clearing members, $1,100 for members, and $1,350 for customers. Margins for the ninth and 10th months will increase to $1,000 from $500 for clearing members, to $1,100 from $550 for members, and to $1,350 from $675 for customers. Margins for the 11th to 18th months will increase to $625 from $375 for clearing members, to $688 from $413 for members, and to $844 from $506 for customers. Margins for all other months will be $375 for clearing members, $413 for members, and $506 for customers.
Intra–commodity spread margins on the spot through fifth month of the natural gas futures contract will remain unchanged at $1,000 for clearing members, $1,100 for members, and $1,350 for customers. Intra–commodity spread margins for the sixth through eighth months will remain unchanged at $1,500 for clearing members, $1,650 for members, and $2,025 for customers. Intra–commodity spread margins for the ninth and 10th months will increase to $1,000 from $100 for clearing members, to $1,100 from $110 for members, and to $1,350 from $135 for customers. Intra–commodity spread margins for the 11th through 18th months will increase to $750 from $100 for clearing members, to $825 from $110 for members, and to $1,013 from $135 for customers. Intra–commodity spread margins for all other months will be $250 for clearing members, $275 for members, and $338 for customers.
Intra–commodity spread margins on the spot through fifth month of the natural gas swap futures contract will remain unchanged at $250 for clearing members, $275 for members, and $338 for customers. Intra–commodity spread margins for the sixth through eighth months will remain unchanged at $375 for clearing members, $413 for members, and $506 for customers. Intra–commodity spread margins for the ninth and 10th months will increase to $250 from $25 for clearing members, to $275 from $28 for members, and to $338 from $34 for customers. Intra–commodity spread margins for the 11th through 18th months will increase to $188 from $25 for clearing members, to $206 from $28 for members, and to $253 from $34 for customers. Intra–commodity spread margins for all other months will be $63 for clearing members, $69 for members, and $84 for customers.
