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Bulletin Heading VOLUME 24 – BULLETIN #055

TO:

ALL CLEARING PARTICIPANTS

FROM:

CLIENT SERVICES AND SUPPORT

DATE:

October 11, 2004

SUBJECT:

Margin Intervals and Spread Credit for ChemConnect

The following margin intervals and spread credit rates are effective with the mid-day calculation on Wednesday, October 13, 2004.

ChemConnect Margin Rates

From

To

Propane TET Forward

$1650

$2100

Propane TET Swap

$1650

$2100

Ethane Enterprise Forward

$1200

$1300

Ethane Enterprise Swap

$1200

$1300

ChemConnect Intra-Commodity Spread Charges

Spread Charges for all Tiers From

Spread Charges for all Tiers To

Propane TET Forward

$200

$1000

Propane TET Swap

$200

$1000

Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:

John Compall

 

john.compall@clearingcorp.com

Richard Crilly

786-3842

richard.crilly@clearingcorp.com

Marc MacQuarrie

786-5732

marc.macquarrie@clearingcorp.com

     

Thomas Andrews

Director

thomas.andrews@clearingcorp.com

     

Client Services and Support E-Mail Address

css@clearingcorp.com

Clearing Corporation Web Site

http://www.clearingcorp.com