June 24, 2009

Topics include:

Exchange to Delist Contracts
Amendment to List of Approved Brands and Markings for Copper Futures
Steel Market Maker
Metals Update - Archive

Exchange to Delist Contracts

COMEX miNY Gold and Silver Futures Contracts on CME Globex

The Exchange is delisting the COMEX miNY Gold Futures (code QO; 50 Troy Ounces) and miNY Silver Futures (code QI; 2,500 Troy Ounces) contracts. The contract months will be delisted on an ongoing basis as open interest in the COMEX miNY Gold Futures and COMEX miNY Silver Futures contracts unwinds. No additional months will be listed for trading.

These contracts are being replaced with the cash-settled E-mini Gold Futures (code XGN; 33 Troy Ounces) and E-mini Silver Futures (code XSN; 1,000 Troy Ounces) contracts that began trading on CME Globex on April 20, 2009.

Effective trade date Monday, June 22, 2009, the Exchange delisted contract months with zero open interest for each of COMEX miNY Gold Futures (code QO) and COMEX miNY Silver Futures (code QI) contracts currently listed on Globex. The contract months to be delisted are as follows:

  • COMEX miNY Gold Futures
    Delist the following contract months: Feb 2010; Apr 2010; Jun 2010; Aug 2010; Oct 2010; Dec 2010; Feb 2011; Apr 2011; Jun 2011; Dec 2011; Jun 2012; Dec 2012; June 2013; and Dec 2013.
  • COMEX miNY Silver Futures
    Delist the following contract months: Jan 2011; Mar 2011; Jul 2011; Dec 2011; Jul 2012; Dec 2012; Jul 2013; and Dec 2013.

Aluminum Futures and Options Contracts

The Exchange will delist the Aluminum Futures (AL) and the Aluminum Options (OA) contracts as follows: (i) upon the expiration of the September 2009 Aluminum Futures contract month on September 28, 2009; and (ii) upon the expiration of the September 2009 Aluminum Options contract month on August 26, 2009. No additional contract months will be listed for trading.

Effective Wednesday, September 30, 2009, the last delivery day for the September 2009 Aluminum Futures contract, the Exchange’s insurance program, which insures Aluminum under a paper Warrant issued by the Exchange’s Licensed Warehouses for Aluminum, will be terminated. Market participants holding paper Warrants should (1) return these Warrants to the Exchange’s Licensed Warehouse that issued them and request that a new document of title be issued, and (2) arrange for their own insurance coverage for their Aluminum.

Contracts are listed with, and subject to, the rules and regulations of COMEX.

Should you have any questions or require any further information on the above delistings, please contact Robert Levin at (212) 299-2390 or Joann Arena at (212) 299-2356.

Amendment to List of Approved Brands and Markings for Copper Futures

Effective June 23, 2009, the Exchange* is amending the official list of approved brands and markings for the Grade 1 Copper Futures contract to reflect the change in producer name as a result of the acquisition of Phelps Dodge Corporation by Freeport McMoRan Copper and Gold, Inc. The new producer names and associated brands are reflected below.

Should you have any questions or require any further information, please contact Robert Levin at (212) 299-2390 or Joann Arena at (212) 299-2356.

Producer

Code

Brand Marks

Phelps Dodge Refining Corp.

PD

P*D

Freeport-McMoRan Chino Mines Company

PDSR

Santa Rita

Freeport-McMoRan Morenci Inc.

PDMI

PDMI

Freeport-McMoRan Morenci Inc.

PDSS

PDSS

Freeport-McMoRan Morenci Inc.

PDGO

PD*GO

Freeport McMoRan Tyrone Inc.

BCCC

BCCC ("Burro Chief")

Freeport McMoRan Bagdad Inc.

CBCC

CBCC

Freeport-McMoRan Sierrita Inc.

TWIN

CTB

* Parent company of Commodity Exchange, Inc.

Contract is listed with, and subject to, the rules and regulations of COMEX.

Steel Market Maker

Deutsche Bank AG (DB) has become the first market maker for Hot-Urolled Coil Steel futures contract. Market makers are appointed to facilitate trading liquidity in newly established contract markets. We launched the first U.S. listed steel futures contract on Oct. 20, 2008. The contracts are financially settled against the monthly average of CRU U.S. Midwest domestic hot-rolled coil prices, which is an index based on physical transaction data compiled and reported weekly by steel buyers and sellers. Deutsche Bank will quote bid and offer prices during set periods of time during the day and will respond to any requests for quotes through the CME Globex trading platform. Deutsche Bank will provide quotes for the first 12 of the listed 18 contract months.

Contract is listed with, and subject to, the rules and regulations of COMEX.

For further information, please call the Energy and Metals hotline at (212) 299-2301.