• Update - Strip Type Change for NYMEX Futures

      • To
      • CME Globex and Market Data Customers
      • From
      • Global Market Solutions & Services
      • #
      • 20170505
      • Notice Date
      • 05 May 2017
      • Effective Date
      • 05 May 2017
    • The Strip type change previously announced for NYMEX energy futures will not apply to LLS (Argus) vs. WTI Crude Oil Average Price Options (tag 6937-Asset=WJO) or Canadian C5+ Condensate Index (Net Energy) Futures (6937=CC5). The original article is included below:

      The Strip types for the following NYMEX energy futures will be changed from FS Strip to SA Strip. With this change, strips in these markets will be priced as the average of all legs and the Spread Trade Price will be assigned to each outright futures leg.

      • This Friday, May 5, the FS Strips (tag 762-SecuritySubType=FS) on the following NYMEX futures will be removed from all CME Globex environments at the close of business.
      • This Sunday, May 7, the SA Strips will be listed on all CME Globex environments. These SA Strips will be tradable in production effective trade date Wednesday, May 10.

      NYMEX Futures

      Product MDP 3.0: tag 6937-Asset iLink: tag 55-Symbol
      MDP 3.0 tag 1151 - Security Group
      WTI Midland (Argus) vs. WTI Trade Month Futures WTT CC
      WTI Midland (Argus) vs. WTI Financial Futures AFF CC
      WTI Houston (Argus) vs. WTI Trade Month Futures HTT CC
      WTI Houston (Argus) vs. WTI Financial Futures HIL CC
      Mars (Argus) vs. WTI Trade Month Futures AYV CC
      Mars (Argus) vs. WTI Financial Futures AYX CC
      Argus LLS vs. WTI (Argus) Trade Month Futures AE5 CC
      LLS (Argus) vs. WTI Financial Futures AWJ CC
      LLS (Argus) vs. WTI Crude Oil Average Price Option WJO EF
      LOOP Gulf Coast Sour Crude Oil Futures MB OP
      LOOP Crude Oil Storage Futures LPS BB
      Western Canadian Select Oil (Net Energy) Monthly Index Futures WCW BB
      Synthetic Sweet Oil (Net Energy) Monthly Index Futures SSW BB
      Light Sweet Oil (Net Energy) Monthly Index Futures LSW BB
      Clearbrook Bakken Sweet Crude Oil Index (Net Energy) Futures CSW BB
      Guernsey Light Sweet Crude Oil Index (Net Energy) Futures GSW BB
      Canadian C5+ Condensate Index (Net Energy) Futures CC5 BB
      Canadian Light Sweet Oil (Net Energy) Index Futures CIL BB
      Canadian Heavy Crude Oil Index (Net Energy) Futures WCC BB
      WTS (Argus) vs. WTI Trade Month Futures AFH CC
      WTI-Brent Financial Futures BK CC
      WTI-Brent Bullet Futures ABY CC
      WTI Financial Futures CSX WS
      Brent Financial Futures CY CC
      Argus Sour Crude Index (ASCI) vs. WTI Diff Spread Calendar Month Futures 38 CC

      These contracts are listed with, and subject to, the rules and regulations of NYMEX.