Attention NYMEX Market Data
vendors,
As a reminder, starting trade date
February 11, 2008, the Exchange will make available for trading two new financially settled Index
futures,
NYMEX Crude Oil MACI Index and
NYMEX Crude Oil Backwardation-Contango Index, on CME
Globex®, the NYMEX Trading Floor, and NYMEX ClearPort® Clearing. In addition, TAS (‘
Trade at Settlement’) contracts in both Index futures
will be available on CME Globex® and the NYMEX Trading Floor. Block Trades can also be submitted for each product
via the NYMEX Trading floor or NYMEX ClearPort® Clearing.
Both products will only offer one
contract initially:
NYMEX Crude Oil MACI Index- a Jan 2011 contract
; NYMEX Crude Oil Backwardation-Contango Index- a Dec
2010 contract.
Both products will eventually support up to three
contract months each. For
NYMEX Crude Oil MACI Index the Exchange will list a
Jan 2012 contract on the second business day of January 2009, then a Jan 2013 contract on the
second business day of January 2010. For
NYMEX Crude Oil Backwardation-Contango Index the
Exchange will list a Dec 2011 contract on the second business day of January 2009, then a Dec 2012
contract on the second business day of January 2010.
Please note- Calendar Spreads will be supported when more
than one contract becomes tradable for each product.
Contract Specifications are attached:
NYMEX
MACI
Changes
NYMEX
MACI TAS
NYMEX MACI Calspd
Also, please see the attached text files for ITC 2.1 Test Data:
MACI Globex_Sample ITC
2.1
MACI Floor &
CPC Sample ITC 2.1
It is important to note the
following:
|
·
The product symbols for NYMEX
Crude Oil MACI Index on CME Globex® will be
XCN
.
·
The product symbol for NYMEX Crude
Oil Backwardation-Contango Index on CME Globex® will be
XKN
.
These are the same product symbols
that will be used in the dissemination of ITC 2.1 Trade and Best Bid/Offer messages over the CME
MDP. Real-time market data for both XCN and XKN will be published over Channel 38 (NYMEX Crude ITC
2.1 Futures) and Channel 30 (NYMEX Crude RLC Futures).
|
|
·
The product symbol for NYMEX Crude
Oil MACI Index on both the NYMEX Trading Floor and NYMEX ClearPort® Clearing will be
XC
.
·
The product symbol for NYMEX Crude
Oil Backwardation-Contango Index on both the NYMEX Trading Floor and NYMEX ClearPort® Clearing will be
XK
.
|
|
·
The product symbol for NYMEX Crude
Oil MACI Index TAS on CME Globex® and the NYMEX Trading Floor will be will be
XCT
.
·
The product symbol for NYMEX Crude
Oil Backwardation-Contango Index TAS on CME Globex® and the NYMEX Trading Floor will be
XKT
.
|
• Settlement Messages for
contracts in these products will be available only on the NYMEX ITC 2.1 Multicast feed. Though sharing the same settlement
price for a particular contract, an ITC 2.1 settlement message (Category Code Q)
will be published for both the Globex® Product Symbol and the NYMEX Floor Product Symbol
(i.e., two settlement messages will be disseminated for each NYMEX Crude Oil MACI symbol; one for
XC, one for XCN. Both messages will contain the same settlement
price.).
• Open Interest and Actual Volume
(Category Code I) messages will
not be made available for the Globex® Product symbols. Instead, the Open Interest and
Actual Volume messages will only be disseminated for the floor symbols over the NYMEX ITC 2.1
Multicast feed, and will include combined figures (Floor + Globex).
• Globex-specific Summary (Category
Code J) messages will appear on the NYMEX ITC 2.1 Multicast feed with Session ID ‘G’, and will
include the Globex® Product Symbol. Combined Summary (OJ) messages will also be
sent over the NYMEX ITC 2.1 Multicast feed, will be distinguishable by a
blank Session ID, and will include the NYMEX Floor Product Symbol.
|