----- Forwarded by Tana Jones/HOU/ECT on 11/06/2000 09:01 AM -----

	exchangeinfo@nymex.com
	11/06/2000 08:33 AM
		 
		 To: tana.jones@enron.com
		 cc: 
		 Subject: (00-376) Margin Rate Change for COB, PV, and Mid-C


Notice No. 00-376
November 6, 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: Monday, November 6, 2000  (close of business)

Futures Contracts: California Oregon Border, Palo Verde, and Mid-Columbia 
Electricity Futures

Contract Months: All months

Rate Change:
NYMEX Division Margins on California Oregon Border, Palo Verde, and 
Mid-Columbia Electricity Futures Contracts

Effective Date: Monday, November 6, 2000  (close of business)

Clearing Member (Maintenance Margin): Old: $5,000      New: $3,000
Member Customer (Initial Margin): Old: $5,500     New: $3,300
Non-Member Customer (Initial Margin): Old: $6,750      New: $4,050

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 
California Oregon Border, Palo Verde, and Mid-Columbia Electricity Futures 
Contracts.



__________________________________________________
Please click on the link below to indicate you have received this
email.

"
http://208.206.41.61/email/email_log.cfm?useremail=tana.jones@enron.com&refdoc
=(00-376)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.