CME Group: How the world advances

 
Energy Products Update

December 15, 2011

 
Crude Oil/Refined Products
  NYMEX Brent 25-Day (Platts) Futures, Calendar Swap and Options Contracts
  Western Canadian Select (WCS) Crude Oil Futures Contract
  WTI Benchmark News & Notes
CME ConfirmHub
  One Exchange Corp. joins CME ConfirmHub for Energy STP
Resources
  Seasonality and Storage in Natural Gas Resource Guide
  Access Monthly Energy Review
  Margin Erosion Opportunities for Energy Traders
  Energy Unit Conversion Calculator Available on www.cmegroup.com
  Professional Energy Market Commentary on www.cmegroup.com
  Don't Miss a Minute of CME Group News!
 
Energy Update Archive

 

NYMEX Brent 25-Day (Platts) Futures, Calendar Swap and Options Contracts

Now available for trading on CME Globex and for clearing through CME ClearPort.

 Learn More

For more information, please contact Daniel Brusstar at 212 299 2604.

Western Canadian Select (WCS) Crude Oil Futures Contract

Now available for trading on CME Globex and for clearing through CME ClearPort.

 Read Special Executive Report 6009

For more information, please contact Sheila Rule 403 444 5493.

WTI Benchmark News & Notes

Light Sweet Crude Oil (WTI) futures and options are the world's most actively traded energy product.

Customers around the world have sought out WTI futures for price discovery and risk management for more than 25 years.

 Check out the WTI News & Notes section for more information on the world’s most liquid crude oil benchmark.

One Exchange Corp. joins CME ConfirmHub for Energy STP

CME Group is pleased to announce that One Exchange Corp.(OX) has joined our roster of leading interdealer brokers. OX is the first Canadian-headquartered OTC broker to join CME ConfirmHub to offer the energy traders a superior straight-through-processing (STP) solution for OTC Energy Trading.

Supporting brokered, exchange-traded and bilateral transactions CME ConfirmHub allows both voice and electronic trades to be received in a standard format directly into trade capture and trade processing systems. This virtually eliminates manual trade entry, reduces errors as well as trade processing costs. One, secure API connection to ConfirmHub allows trading firms to receive trades from multiple brokers and exchanges – among them Amerex, GFI, ICAP, TullettPrebon, OTC Global Holdings, NYMEX and GreenX – greatly reducing the cost and overhead of developing STP connections to multiple trading venues.

 Learn More

Seasonality and Storage in Natural Gas Resource Guide

The storage industry continues to evolve both in capability and its prominence within the delivery chain. What once was a seasonal crossover point is now an active warehouse with optionality as the predominant market premium. The use of storage is fundamental to the management of natural gas.

Be sure to check out the newly released Natural Gas Seasonality and Storage Resource Guide, produced in cooperation with energy risk training provider, Paradigm, for more on this pertinent industry topic.

Access the Monthly Energy Review
View a global trading summary of energy markets, including product highlights, average daily volume, open interest and historical volatility.

November Energy Futures Trading Highlights

 

ADV

Percent
Change

Nov-11

Nov-10

Light Sweet Crude Oil

648,049

639,480

1.34%

Natural Gas

291,291

275,277

5.82%

Heating Oil

146,236

103,135

41.79%

RBOB Gasoline

132,394

120,435

9.93%

 For more information on Exchange energy products, please visit cmegroup.com/energy, or contact one of the following Exchange representatives:

NEW YORK
Alex Siff
212 299 2368

HOUSTON
Kristen Bauer
713 658 9294

CHICAGO
Angie DiCarlo
312 930 4515

CALGARY
Todd Schlaht
+1 403 444 5568

LONDON
Justin Bozzino
+44 20 7796 7132

SINGAPORE
Owain Johnson
+65 6593 5568

 

Margin Erosion Opportunities for Energy Traders

If you trade financially settled energy contracts, your margin requirements decrease, or erode, as the contract month progresses. If the contracts you trade settle according to an average of daily prices during the settlement month, we ask for margin on only the remaining risk, as a service to you, so you can use that capital more efficiently in other ways. CME Group is the only exchange for energy trading and clearing that offers this feature. Visit CME Group's margins webpage to view full initial and eroded maintenance margins for individual contracts, and to learn more about this process.

Energy Unit Conversion Calculator Available on www.cmegroup.com

Need to know how to convert $/Barrel to $/MMBtu? Want to double-check a 3-2-1 crack spread calculation? Try our online Conversion Calculator, which features the most frequently used conversions for trading in crude oil, refined products, natural gas, coal, crack spreads, spark spreads, and more.

Professional Energy Market Commentary on www.cmegroup.com

Looking for energy market commentary, from the experts, updated throughout the day?

Be sure to check out the Energy Market Commentary, where you will find experienced perspectives to help you make smart energy trading decisions. Commentators include:

  • Dominick Chirichella of the Energy Management Institute
  • Stephen Schork of the Schork Report
  • Dean Rogers and Cynthia Kase of Kase and Co.
  • Experts from CME Group Energy

Daily commentaries provide a recap of each product's traded price activity, an analysis of the factors that influenced price activity, a recap of any reports released that day, and a pre-market look ahead at the next day's schedule.

Be sure to bookmark our market commentary section and take advantage of this convenient and comprehensive resource for a variety of asset classes - available at no cost!

 View Energy Market Commentary

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Visit our Subscription Center and choose to receive the information you need most, including CME Globex updates, market data notices, product and partner subscriptions, advisories, newsletters and more. You choose, we deliver.

 

About CME Group

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

 

More information on CME Group Products:

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