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Margin Parameters for ChemConnect

ChemConnect Margin Intervals

Products

Code

Margin

Ethane Enterprise Forward

HA

$1,300

Ethane Enterprise Swap

HB

$1,300

Propane TET Forward

HC

$2,100

Propane TET Swap

HD

$2,100

Propane Forward Conway Williams

HE

$2,750

Propane Swap Conway Williams

HF

$2,750

Propane Swap Conway Williams OPIS

HG

$2,750

Propane Swap TET OPIS

HL

$2,850

Ethane Swap Enterprise OPIS

HK

$2,500

ChemConnect Inter-Commodity Spread Credits

Product

Spread Credit

Spread Margin

Ethane Enterprise Forward vs.

Ethane Enterprise Swap

85%

15%

Propane TET Forward vs.

Propane TET Swap

85%

15%

ChenConnect Intra-Commodity Spread Changes

Product

Spread Charges for all tiers

Ethane Enterprise Forward

$200

Ethane Enterprise Swap

$200

Propane TET Forward

$1000

Propane TET Swap

$1000

 

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