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Nymex To Increase Margins On Natural Gas Futures

Date 30/05/2000

The New York Mercantile Exchange will raise the margins on its Henry Hub natural gas futures contract as of the close of business today to $3,500 from $2,500 for clearing members; to $3,850 from $2,750 for members; and to $4,725 from $3,375 for customers.