|
|
 |
 |
| Outright Margins |
 |
|
| |
Clearing Member/ Maintenance |
Member Customer |
Non-Member Customer |
| 100% |
100% |
135% |
| Daily Contract (JD) |
$3,000 |
$3,300 |
$4,050 |
|
| Inter-Commodity Spread Credit: PJM Weekly (JW) and PJM Daily (JD) |
|
|
| Priority |
Period |
Ratio |
Percent Credit |
| 2 |
First day of the week |
1:1 |
15% |
| Second day of the week |
1:1 |
20% |
| Third day of the week |
1:1 |
30% |
| Fourth day of the week |
1:1 |
45% |
| Fifth day of the week |
1:1 |
95% |
|
| Inter-Commodity Spread Credits for July 2003 |
|
|
| Date |
JW/JM |
JD/JW |
| 30-Jun-03 |
20% |
15% |
| 01-Jul-03 |
20% |
20% |
| 02-Jul-03 |
20% |
30% |
| 03-Jul-03 |
20% |
45% |
| 07-Jul-03 |
20% |
15% |
| 08-Jul-03 |
30% |
20% |
| 09-Jul-03 |
30% |
30% |
| 10-Jul-03 |
30% |
45% |
| 11-Jul-03 |
30% |
95% |
| 14-Jul-03 |
30% |
15% |
| 15-Jul-03 |
45% |
20% |
| 16-Jul-03 |
45% |
30% |
| 17-Jul-03 |
45% |
45% |
| 18-Jul-03 |
45% |
95% |
| 21-Jul-03 |
45% |
15% |
| 22-Jul-03 |
90% |
20% |
| 23-Jul-03 |
90% |
30% |
| 24-Jul-03 |
90% |
45% |
| 25-Jul-03 |
90% |
95% |
| 28-Jul-03 |
90% |
15% |
| 29-Jul-03 |
90% |
20% |
| 30-Jul-03 |
90% |
30% |
| 31-Jul-03 |
90% |
45% |
| 01-Aug-03 |
90% |
95% |
|
|
|
|