Margins on California/Oregon border and Palo Verde electricity futures will be increased to $5,800 from $3,300 for clearing members; to $6,380 from $3,630 for members; and to $7,830 from $4,455 for customers.
Margins for the Cinergy, Entergy, and PJM July and August 2000 futures contracts will be raised to $12,500 from $10,000 for clearing members; to $13,750 from $11,000 for members; and to $16,875 from $13,500 for customers. Margins on spreads involving the July or August 2000 contracts will be raised to $10,900 from $8,400 for clearing members; to $11,990 from $9,240 for members; and to $14,715 from $11,340 for customers. Margins on spreads between all other months will remain unchanged.
