| Notice to Members | ||||||||||||||||||||
| Notice No. 30 01/13/2006 |
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| Launch NYMEX miNY Gasoline and Heating Oil Futures Contracts | ||||||||||||||||||||
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| As a reminder, beginning on Monday, January 16, 2006 at 7:00 PM EST (for trade date Tuesday, January 17), the Exchange will launch NYMEX miNY Unleaded Gasoline and NYMEX miNY Heating Oil futures contracts. These futures contracts will be traded exclusively on the NYMEX ClearPort® electronic trading platform.
The NYMEX miNY Unleaded Gasoline and Heating Oil futures contracts will be financially settled based upon the settlement prices of the underlying gasoline or heating oil futures contracts, with the last trading date and final settlement on the second-to-last business day of the month prior to the contract month (i.e., one business day prior to the termination date of the underlying futures contracts). These miNY futures contracts will be one-half the size of the floor traded contracts or 21,000 gallons. The tick size will be $0.002 or $42.00 per tick. The trading symbols are: QU for NYMEX miNY Unleaded GasolineLaunch procedure for NYMEX miNY Gasoline and Heating Oil Futures
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |