• Large Trader Requirements. Amendments to the Contract Size of the HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures Contract

      • #
      • MSN01-31-18B
      • Notice Date
      • 31 January 2018
      • Effective Date
      • 06 February 2018

    • As previously announced in Special Executive Report SER-8057R, published January 30, 2018, the New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will amend the contract size of the HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures contract (the “Contract”) from 50 metric tons to 10 metric tons. Additionally, the Exchange will amend the title of the Contract to reflect a Platts methodology change for assessing their Ferrous Scrap benchmark.

      For the full text of this notice, please see the link attached below. 

      Large Trader Requirements. Amendments to the Contract Size of the HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures Contract

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