Re: (00-414) Margin Rate Change for Natural Gas ,
 Thanks, Sara.  Any luck on getting the LC form?
Jordan


From: Sara Shackleton on 12/06/2000 04:20 PM
To: Jordan Mintz/HOU/ECT@ECT, Joseph Deffner/HOU/ECT@ECT
cc: Sarah Wesner/Corp/Enron@Enron 
Subject: (00-414) Margin Rate Change for Natural Gas

Here is the latest margin rate change - 
----- Forwarded by Sara Shackleton/HOU/ECT on 12/06/2000 04:19 PM -----

	exchangeinfo@nymex.com
	12/04/2000 02:08 PM
		 
		 To: sara.shackleton@enron.com
		 cc: 
		 Subject: (00-414) Margin Rate Change for Natural Gas


Notice No. 00-414
December 04, 2000

TO:
ALL NYMEX MEMBERS AND MEMBER FIRMS
ALL NYMEX CLEARING FIRMS
ALL NYMEX OPERATIONS MANAGERS

FROM: Neal Wolkoff, Executive Vice President

SUBJECT: MARGIN RATE CHANGE

Effective Date: Tuesday, December 05, 2000 (close of business)

Futures Contract: Henry Hub Natural Gas Futures

Contract Months: All Months

Rate Change:
NYMEX Division Margins on Henry Hub Natural Gas Futures Contracts
Effective Date: Tuesday, December 05, 2000 (close of business)

Clearing Member (Maintenance Margin): Old: $7,500  New: $10,000
Member Customer (Initial Margin): Old: $8,250  New:  $11,000
Non-Member Customer (Initial Margin): Old: $10,125  New:  $13,500

Should you have any questions regarding these changes, please contact Arthur 
McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855.  This notice 
supersedes all previous notices regarding outright margins for the NYMEX 
Henry Hub Natural Gas Futures Contract.


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