News Release

CME Group Announces the Launch of New Electricity Swap Futures Contracts

Wed Apr 15 2009

CHICAGO, April 15 /PRNewswire-FirstCall/ -- CME Group Inc., the world's largest and most diverse derivatives exchange, today announced eight new electricity swap futures contracts, scheduled to begin trading on April 26 for trade date April 27. These contracts are listed with, and subject to, the rules and regulations of NYMEX. They will be available through CME ClearPort®, a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes.

 

The new swap futures contracts and their commodity codes will be:

 

 

  • CAISO NP15 EZ Gen Hub 5 MW peak calendar-month real-time LMP (1Y)
  • CAISO SP15 EZ Gen Hub 5 MW peak calendar-month real-time LMP (1Z)
  • CAISO NP15 EZ Gen Hub 5 MW off-peak calendar-month real-time LMP (2D)
  • CAISO SP15 EZ Gen Hub 5 MW off-peak calendar-month real-time LMP (2E)
  • CAISO NP15 EZ Gen Hub 5 MW peak calendar-day real-time LMP (2F)
  • CAISO SP15 EZ Gen Hub 5 MW peak calendar-day real-time LMP (2H)
  • CAISO NP15 EZ Gen Hub 5 MW off-peak calendar-day real-time LMP (2J)
  • CAISO SP15 EZ Gen Hub 5 MW off-peak calendar-day real-time LMP (2K)

     

 

 

 

The first listed month will be June 2009 for all of the contracts. The monthly contracts will be listed for the current year and the next five calendar years. The new daily contracts will be listed for the current month plus the next month.

 

For more information, please visit www.nymex.com.

 

CME Group (www.cmegroup.com) is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. By acting as the buyer to every seller and the seller to every buyer, CME Clearing virtually eliminates counterparty credit risk. CME Clearing also offers financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol "CME."

 

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at www.cmegroup.com.

CME-G

SOURCE: CME Group

Web site: http://www.cme.com/

Corporate Communications

+1 312 930 3434
Email