Nymex To Increase Margins For Monthly Natural Gas Index Futures Contracts

The New York Mercantile Exchange, Inc., announced today that margins on its monthly natural gas index swap futures contracts will be increased as of the close of business tomorrow.

The margins on the first month of the Chicago city gate, Houston Ship Channel, and Waha monthly index futures contracts will increase to $500 from $75 for clearing members, to $550 from $83 for members, and to $675 from $101 for customers. Margins on all other months will increase to $100 from $50 for clearing members, to $110 from $55 for members, and to $135 from $68 for customers. The margins on the spot month Henry Hub monthly index futures contracts will increase to $500 from $100 for clearing members, to $550 from $110 for members, and to $675 from $135 for customers. Margins on all other months will increase to $100 from $25 for clearing members, to $110 from $28 for members, and to $135 from $34 for customers.

The margins on the spot month of the Panhandle monthly index futures contract will increase to $500 from $125 for clearing members, to $550 from $138 for members, and to $675 from $169 for customers. Margins on all other months will be unchanged.

The margins on the spot month El Paso-Permian monthly index futures contracts will be increased to $500 from $200 for clearing members, to $550 from $220 for members, and to $675 from $270 for customers. Margins on all other months will be unchanged.