Notice to Members
Notice No. 390
07/20/2006
Listing the Heating Oil Financial Contract on NYMEX ClearPort®
Beginning on Sunday evening, July 23, 2006 (for trade date July 24), the Exchange will list the Heating Oil Financial Contract (code BH) on NYMEX ClearPort®. The first listed month will be the August 2006 contract month. This is a cash-settled "bullet" swap contract that expires one business day prior to the termination day for the underlying New York Harbor Heating Oil Contract.

The contract size is 42,000 gallons, with minimum tick size of $0.0001 per gallon. The contract terms and condition are available under rule chapter 825 in the Exchange's online rulebook. This contract will be listed on NYMEX ClearPort® for the current year and the next three years, and a new calendar year will be added following the termination of trading in the December contract of the current year.

The Heating Oil Financial futures contract is currently listed for trading on the CME GLOBEX® platform, and will also be available for clearing on NYMEX ClearPort® on Monday through Friday 6:00 PM until 5:15 PM (Monday's trading session begins at 6:00 PM Sunday evening).

The fees for the Heating Oil Financial Contract are:

CPC Billing rates:
Cash Settlement fee:
Member
$0.85
Member
$0.85
Non-member
$1.35
Non-member
$1.35

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com