The Exchange will reduce the margin rates on the spot month of the natural gas futures contract to $10,000 from $12,500 for clearing members, to $11,000 from $13,750 for members, and to $13,500 from $16,875 for customers. Margins on the second month will be decreased to $8,000 from $10,500 for clearing members, to $8,800 from $11,550 for members, and to $10,800 from 14,175 for customers. Margins on all other months will remain unchanged.
The margins on the spot month of the Henry Hub swap futures contract will be lowered to $2,500 from $3,125 for clearing members, to $2,750 from $3,438 for members, and to $3,375 from $4,219 for customers. Margins on the second month will be decreased to $2,000 from $2,625 for clearing members, to $2,200 from $2,888 for members, and to $2,700 from $3,544 for customers. Margins on all other months will remain unchanged.
The margins on the spot month of the natural gas e-miNYsm futures contract will be reduced to $4,000 from $5,000 for clearing members, to $4,400 from $5,500 for members, and to $5,400 from $6,750 for customers. Margins on the second month will be decreased to $3,200 from $4,200 for clearing members, to $3,520 from $4,620 for members, and to $4,320 from $5,670 for customers.
