• Amendments to NYMEX Rule 588.H. (Globex Non-Reviewable Trading Ranges) for Two (2) Fuel Oil Crack Spread Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7791
      • Notice Date
      • 28 November 2016
      • Effective Date
      • 28 November 2016
    • Effective Monday, November 28, 2016 for trade date Tuesday, November 29, 2016, and pending all relevant CFTC regulatory review periods, New York Mercantile Exchange, Inc. (“NYMEX”) will amend NYMEX Rule 588.H. (“Globex Non-Reviewable Trading Ranges”) in connection with the two (2) fuel oil crack spread option contracts:  (1) 3.5 % Fuel Oil Barges FOB Rdam (Platts) Crack Spread (1000mt) Average Price Options (Rulebook Chapter: 253; Commodity Code: BCO), and (2) Singapore Fuel Oil 380cst (Platts) Brent Crack Spread (1000mt) Average Price Options (Rulebook Chapter: 252; Commodity Code: SCO).

      Inquiries concerning this subject should be addressed to:

      Cameron Liao          KengHui.Liao@cmegroup.com          +65 6593 5588

      Please click here for PDF of SER-7791.