Market Data Advisory Notices
To | Market Data Distributors
From | Market Data Operations
Subject | NYMEX to Launch Ardour Global XL Index on CME Globex - Effective Sunday, August 19, 2007
Notice Date | 2007-08-08
Notice Number | Q2007-199
Effective Date | 2007-08-19
NYMEX issued the following announcement on Friday, August 3, 2007. Notice No. 07-380 August 3, 2007 TO: ALL NYMEX MEMBERS AND MEMBER FIRMS ALL NYMEX CLEARING FIRMS ALL NYMEX OPERATIONS MANAGERS FROM: James Newsome, President SUBJECT: CORRECTION: Listing of Equity Futures on Ardour Global XL Index on NYMEX ClearPort® and CME Globex® Beginning on Sunday evening, August 19, 2007 (for trade date August 20, 2007), the New York Mercantile Exchange, Inc. will list a financially settled Equity Index Futures Contract on CME Globex® and NYMEX ClearPort®. The contracts will be based on the Ardour Global XL Index of Equities. The follow are contract specifications: Ticker: AX Monthly Listings: Four Initial months will be listed on a March, June, September, and December cycle beginning with September 2007. Expiration: Final settlement will be on the third Friday of the Delivery Month. If that Friday is a business holiday, final settlement will occur on the business day immediately prior to the third Friday. Trading on the expiring contract will end as of the close of CME GLOBEX® trading on the evening prior to final settlement. Trading Hours: NYMEX ClearPort® Clearing and CME Globex®: From 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00 PM. NYMEX Fees: CME Globex®: Member Day Trade: $1.00 Member Overnight: $1.75 Non-Member: $3.00 ClearPort® Clearing: Member Day Trade: $1.00 Member Overnight: $1.75 Non-Member: $3.00 COMEX Member Blended Rate: $3.00 Cash Settlement Fees: Member: $1.00 Non-Member: $1.50 Contract Value: $25 times Cash Index Minimum Tick: 0.50 index point or $12.50 contract value Margins: To be determined Please contact the NYMEX Marketing hotline at 212-299-2301, or email NymexMarketing@nymex.com with any questions. For detailed contract specifications, click here . TESTING AVAILABILITY This contract is available for customer testing in the Certification environment as of Monday, August 6, 2007. ITC 2.1 Ticker Testing will be held on Friday, August 10 and Friday, August 17, 2007 at approximately 5:00 p.m. Central Time. MDP Channels ITC 2.1 market data will be transmitted on Channel 38; RLC market data will be transmitted on Channel 30.