CHICAGO, March 1, 2011 – CME Group, the world’s leading and most diverse derivatives marketplace, yesterday announced the introduction of 17 new crude oil, fuel oil and gasoil futures contracts. The contracts, which were listed for trading effective February 28, 2011, will be traded on the NYMEX floor and available for clearing services through CME ClearPort.
These contracts are an extension of CME Group’s flagship NYMEX crude oil, fuel oil and gasoil benchmark product offering. The 17 futures contracts include:
|
Contract Name |
Commodity Code |
|
Singapore Gasoil 10 ppm (Platts) Swap Futures |
STF |
|
Singapore Gasoil 0.05% Sulfur (Platts) Swap Futures |
SZF |
|
Singapore Gasoil 10 ppm vs. 0.5% Sulfur Spread (Platts) Swap Futures |
STZ |
|
Singapore Gasoil 0.05% vs. 0.5% Sulfur Spread (Platts) Swap Futures |
SZZ |
|
Singapore Gasoil 10 ppm (Platts) BALMO Swap Futures |
STL |
|
Singapore Gasoil 0.05% Sulfur (Platts) BALMO Swap Futures |
SZL |
|
Gulf Coast No. 6 Fuel Oil 3.0% vs. European 3.5% Fuel Oil Barges FOB Rdam (Platts) Swap Futures |
GCU |
|
New York 0.3% Fuel Oil HiPr (Platts) BALMO Swap Futures |
NYB |
|
New York 0.3% Fuel Oil HiPr vs. New York Fuel Oil 1.0% (Platts) Swap Futures |
NYH |
|
New York 0.7% Fuel Oil (Platts) BALMO Swap Futures |
NYS |
|
New York Fuel Oil 1.0% vs. European 1% Fuel Oil Cargoes FOB NWE (Platts) Swap Futures |
NYF |
|
New York 2.2% Fuel Oil (Platts) BALMO Swap Futures |
NYE |
|
New York 3.0% Fuel Oil (Platts) BALMO Swap Futures |
NYT |
|
Brent Option on Calendar Futures Strip |
BPC |
|
Brent Option on Quarterly Futures Strip |
BQP |
|
DME Oman Crude Oil vs. Dubai (Platts) Swap Futures |
DPO |
|
ICE Brent (Singapore Marker) vs. DME Oman Crude Oil Swap Futures |
BSG |
The contracts are listed with, and subject to, the rules and regulations of NYMEX.
As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) 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 its CME Globex electronic trading platform and its 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. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.
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