NYMEX Crack Spread and Calendar
Options on CME Globex
Effective
Sunday, December 16, 2007 (for trade date Monday, December 17), the following
options on NYMEX Crack and Calendar futures spreads are scheduled to launch on the CME Globex
platform.
| NYMEX
Crack and Calendar Spread Options |
| Product |
CME
Globex Group Code |
CME
Globex Product Code |
Underlying
Spread |
Synthetic
Underlying Future |
MDP
Channel |
| Heating
Oil Crack Spread Options |
XZ |
CHY |
CL:C1
HO-CL |
HCY |
35 |
| RBOB
Crack Spread Options |
RXY |
CL:C1
RB-CL |
ZXY |
| Crude
Oil 1-Month Calendar Spread Options (CSO) |
WAY |
CL
MY-CL
MY |
CAY |
| RBOB
1-Month CSO |
ZAY |
RB
MY-RB
MY |
ZIY |
| Heating
Oil 1-Month CSO |
FAY |
HO
MY-HO
MY |
GHY |
| Natural
Gas 1-Month CSO |
C2 |
IAY |
NG
MY-NG
MY |
DGY |
36 |
Complete CME Globex product specifications are available in the
NYMEX Options
Snapshot and
NYMEX Futures Snapshot.
These new options will feature negative strike prices and User-Defined Spreads (UDS)
functionality. More information on negative strike prices is available in the
Enhanced Trade and Settlement
Prices Client Impact Assessment. More information on UDS functionality is available in the
Options module of the iLink
Software Development Kit.
To provide the necessary data for customers' theoretical options pricing models, CME Group will
list the following synthetic, non-tradable futures for the dissemination of settlement data.
| Synthetic
Futures for NYMEX Crack and Calendar Spread Options |
| Product |
CME
Globex Group Code |
CME
Globex Product Code |
MDP
Channel |
| Heating
Oil Crack Spread Future |
08 |
HCY |
30 |
| RBOB
Crack Spread Future |
ZXY |
| Crude
Oil 1-Month Calendar Spread Future |
CAY |
| RBOB
1-Month Calendar Spread Future |
ZIY |
| Heating
Oil 1-Month Calendar Spread Future |
GHY |
| Natural
Gas 1-Month Calendar Spread Future |
DGY |
31
|
Please note: with this launch, products with Group Code
08 will be disseminated on multiple Market Data Platform channels.
These new futures and options will be available for customer testing in New Release this
Tuesday, December 4.
Please contact your
CME Globex Account Manager for more
information at 312.648.3736; in Europe at +44.20.7796.7100; or in Asia at +852.3101.7696.
©
Copyright 2007 CME Group All rights reserved.
The Globe Logo, Globex®, iLink® and CME® are trademarks of CME Group. |