Notice to Members
Notice No. 261 07/10/2003
Exchange Announces Revised Fees for Coal Futures Contract
The New York Mercantile Exchange, Inc., today announced a revised fee schedule for Coal futures contracts traded and cleared through NYMEX ClearPortsm. Under the terms of the program to reward liquidity providers on ClearPortsm Trading, any participant who makes a bid or offer that is subsequently accepted will receive payment in lieu of an Exchange fee. For the NYMEX CAPP Coal futures contract, liquidity providers will receive $5.00 and the participant on the other side of the trade will pay an all-inclusive fee of $10.00 per contract. Fees for coal futures EFP's on ClearPortsm Clearing would be $6.50 per contract half-turn for NYMEX Members and $7.50 per contract half-turn for Non-Members.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com