VOLUME 23 – BULLETIN #174
TO:
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ALL CLEARING PARTICIPANTS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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December 31, 2003
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SUBJECT:
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Merchants’ Exchange Margin Updates
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The following Merchants’ Exchange margin rate changes will become effective with the mid-day calculation on Friday, January 2, 2004:
Product
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Code
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From
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To
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Natural Gas
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MN
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$6,000
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$8,000
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Heating Oil
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MH
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$2,000
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$2,500
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Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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