GLOBEX Advisory Notices
To |
From | CME(R) Globex(R) Account Management
Subject | Update on NYMEX miNY(SM) Energy Futures Contracts
Notice Date | 2005-07-14
Notice Number | 071405-2
Effective Date |
Dear CME® Globex® Customers, The NYMEX miNYSM energy futures contracts' transition, from the CME® Globex® electronic trading platform to NYMEX ClearPort® Trading, has been rescheduled from Tuesday, July 19, 2005, to trade date Monday, August 22, 2005. NYMEX is providing additional time to ensure member firms and other market users have sufficient time to establish connectivity to NYMEX ClearPort Trading, and to review and execute the applicable user documentation. The September contract month of both the NYMEX miNY crude oil and natural gas futures contracts will be listed for trading on the CME Globex platform effective 3:15 PM EST today. The transition of the NYMEX miNY energy futures contracts will occur in the following manner: NYMEX miNY Crude Oil The October NYMEX miNY crude oil contract will not be listed on the CME Globex platform. The September NYMEX miNY crude oil contract will expire on the CME Globex platform at 2:30 PM EST, August 19. The October NYMEX miNY crude oil will then be listed for trading on NYMEX ClearPort Trading effective 7:00 PM EST on Sunday, August 21 (for trade date Monday, August 22). NYMEX miNY Natural Gas The October NYMEX miNY natural gas contract will not be listed to trade on the CME Globex platform. The September NYMEX miNY natural gas contract will be delisted on the CME Globex platform at 2:30 PM EST, August 19. The September NYMEX miNY natural gas contract will then be listed on NYMEX ClearPort Trading on Sunday, August 21 (for trade date Monday, August 22). The October NYMEX miNY natural gas contract will be listed on NYMEX ClearPort Trading on Sunday, August 21 (for trade date Monday, August 22). Please note that normally the "Next Month" NYMEX miNY futures contract is listed ten business days before the "Front Month" contract expires. During this transition, the October NYMEX miNY crude oil and the October NYMEX miNY natural gas futures contracts will not be listed ten business days prior to the expiration of the September contracts. The October NYMEX miNY crude oil and natural gas futures contracts will be listed and available to trade Sunday, August 21 (for trade date Monday, August 22) on the NYMEX ClearPort Trading Platform. If you have any questions or require any further information, please contact Felix Carabello, CME Environmental Products, at 312.634.1585. Thank you, CME 800.331.3332