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Texas Eastern Zone M-3 Basis Swap (Platts IFERC)
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Texas Eastern Zone M-3 Basis Swap (Platts IFERC)
Non-Member Customer InitialMember Customer InitialClearing Member and Customer MaintenanceAssessments Spot Month
Tier 1: $1,013Tier 1: $825Tier 1: $750$0

Non-Member Customer InitialMember Customer InitialClearing Member and Customer MaintenanceAssessments Spot Month
Tier 2: $810Tier 2: $660Tier 2: $600N/A

Non-Member Customer InitialMember Customer InitialClearing Member and Customer MaintenanceAssessments Spot Month
Tier 3: $675Tier 3: $550Tier 3: $500N/A

Non-Member Customer InitialMember Customer InitialClearing Member and Customer MaintenanceAssessments Spot Month
Tier 4: $405Tier 4: $330Tier 4: $300N/A

Non-Member Customer InitialMember Customer InitialClearing Member and Customer MaintenanceAssessments Spot Month
Tier 5: $270Tier 5: $220Tier 5: $200N/A

Inter-Commodity Straddle Margin 
Tier 1 - Any Spread$25

NOTES:
†For cleared contracts, the spot month assessment is effective on the day submission deadline terminates.
 For traded contracts, the spot month assessment is effective as of the close of business one day prior to the last trading day.
* Tier 1: 1st nearby month (spot month)
  Tier 2: 2nd – 5th nearby
  Tier 3: 6th – 10th nearby
  Tier 4: 11th – 17th nearby
  Tier 5: Greater than 17th nearby
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