• Large Trader Requirements. Amendments to the Contract Size of the HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures Contract

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      • MSN01-31-18B
      • Notice Date
      • 31 January 2018
      • Effective Date
      • 06 February 2018
    • As previously announced in Special Executive Report SER-8057R, published January 30, 2018, the New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will amend the contract size of the HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures contract (the “Contract”) from 50 metric tons to 10 metric tons. Additionally, the Exchange will amend the title of the Contract to reflect a Platts methodology change for assessing their Ferrous Scrap benchmark.

      For the full text of this notice, please see the link attached below.