NYMEX.com: Northern Illinois Calendar-Month LMP Swap Option

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Northern Illinois Calendar-Month LMP Swap Option


		Contract Detail

		Description


		Specifications


		Margins


		Expiration Schedule


		Settlements

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Tier 1: $9,450				Tier 1: $7,700				Tier 1: $7,000

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Tier 2: $6,750				Tier 2: $5,500				Tier 2: $5,000

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Tier 3: $5,400				Tier 3: $4,400				Tier 3: $4,000

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Tier 4: $4,050				Tier 4: $3,300				Tier 4: $3,000

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Straddle (Tier 1): $675				Straddle (Tier 1): $550				Straddle (Tier 1): $500

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Straddle (Tier 2): $135				Straddle (Tier 2): $110				Straddle (Tier 2): $100

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Straddle (Tier 3): $135				Straddle (Tier 3): $110				Straddle (Tier 3): $100

	Non-Member Customer Initial				Member Customer Initial				Clearing Member and Customer Maintenance



	Straddle (Tier 4): $135				Straddle (Tier 4): $110				Straddle (Tier 4): $100

*Outright (Scan) and Intra-Commodity Margin Tiers*
*	Tier 1: 1st nearby month (spot month)
	Tier 2: 2nd through 6th nearby
	Tier 3: 7th through 11th nearby
	Tier 4: Greater than 11th nearby

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