The Exchange will decrease the margins on the spot month of natural gas futures to $4,000 from $4,500 for clearing members, to $4,400 from $4,950 for members, and to $5,400 from $6,075 for customers. Margins on the second through sixth months will be decreased to $3,500 from $4,000 for clearing members, to $3,850 from $4,400 for members, and to $4,725 from $5,400 for customers. Margins on all other months will remain unchanged.
Margins on the spot month of the Henry Hub swaps futures contract will be decreased to $1,000 from $1,125 for clearing members, to $1,100 from $1,238 for members, and to $1,350 from $1,519 for customers. Margins on the second through sixth months will be lowered to $875 from $1,000 for clearing members, to $963 from $1,100 for members, and to $1,181 from $1,350 for customers. Margins on all other months will remain unchanged.
The margins on the first month of e-miNYsm natural gas futures will decrease to $1,600 from $1,800 for clearing members, to $1,760 from $1,980 for members, and to $2,160 from $2,430 for customers. Margins on the second month will decrease to $1,400 from $1,600 for clearing members, to $1,540 from $1,760 for members, and to $1,890 from $2,160 for customers.
