Market Data Advisory Notices
To Market Data Distributors
From Market Data Operations
Subject UPDATE: NYMEX RBOB Gasoline & Heating Oil Options to be Listed for Trading on CME Globex - Effective August 19, 2007
Notice Date 2007-08-01
Notice Number Q2007-195
Effective Date 2007-08-19

A mock trading session will be held on Saturday, August 11, 2007.  Please see the ITC 2.1 Ticker Test dates which have been added in bold face type under the Testing Availability section below.

 

 NYMEX issued the following announcement on July 13, 2007:  

Notice No. 07-338

July 13, 2007

 

TO:                  ALL NYMEX MEMBERS AND MEMBER FIRMS

                        ALL NYMEX CLEARING FIRMS

                        ALL NYMEX OPERATIONS MANAGERS

 

FROM:            James Newsome, President

 

SUBJECT:       Listing of the NYMEX RBOB and Heating Oil Options on CME Globex®

 

Beginning on Sunday evening, August 19, 2007 (for trade date August 20, 2007), the New York Mercantile Exchange, Inc. will list for trading, its NYMEX Division RBOB (OB) and Heating Oil (OH) options on the CME Globex® platform, alongside open-outcry trading on the NYMEX trading floor.

In order to insure orderly exercise procedures, no expiring option will be accepted for trading after the close of "open outcry trading" for the respective contracts on the NYMEX on the day of expiration.

 

Trading Hours:

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.

 

Fees:

NYMEX Division Options (OB,OH)

Member

Non Member

Day Trade:

$0.35

N/A

Overnight Trade:

$0.60

$1.45

Blended Rate:

$0.90

N/A



 

Should you have any questions regarding these changes, please contact Bob Biolsi at (212) 299-2610 or Adila Mchich at (212) 299-2270.

 

 

TESTING AVAILABILITY

These contracts will be available for customer testing in the Certification environment on Monday, August 5, 2007.

 

ITC 2.1 Ticker Testing will be held on Friday, August 3 and Friday, August 11, 2007 at approximately 5:00 p.m. Central Time. 

 

MDP Channels

ITC 2.1 market data will be transmitted on Channel 41; RLC market data will be transmitted on Channel 35.

 

 

 

 

 

 

 

 

For detailed contract specifications, click on either RBOB Gasoline Options or Heating Oil Options.