Notice to Members
Notice No. 24 01/12/2006
Clarifying Amendments to Financially-Settled Electricity Futures Contracts
Please be advised that the New York Mercantile Exchange, Inc., has made clarifications to the descriptions of the settlement process for a number of the exchange's financially-settled electricity futures contracts. These changes, seen here, enhance clarity of contract language and do not represent any change to current procedures. The amended contracts include: Northern Illinois Hub Calendar-Month LMP Swap (PJM Interconnection, LLC) Contract; NYMEX AEP-Dayton Hub Calendar-Month LMP Swap (PJM Interconnection, LLC) Contract; Cinergy Hub Calendar-Month LMP Swap Contract; Michigan Hub Calendar-Month LMP Swap Contract; MISO Illinois Hub Calendar-Month LMP Swap Contract; and Minnesota Hub Calendar-Month LMP Swap Contract. They go in effect immediately upon notification to the Membership.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com