Notice to Members
Notice No. 100
02/22/2007
Listing Ten New Diesel Swaps Contracts on NYMEX ClearPort
Beginning on Sunday evening, February 25 (for trade date Monday, February 26), the Exchange will list ten new diesel swaps futures contracts on NYMEX ClearPort®. The first listed month will be the March 2007 contract month. The ten new swaps are as follows:

Outright Contract
Symbol
Contract Size
Gulf Coast Low Sulfur Diesel (LSD) Swap
LW
42,000 Gallons
Gulf Coast Ultra Low Sulfur Diesel (ULSD) Swap
LY
42,000 Gallons
New York Low Sulfur Diesel (LSD) Swap
YW
42,000 Gallons
New York Ultra Low Sulfur Diesel (ULSD) Swap
YS
42,000 Gallons


Spread Contract
Symbol
Contract Size
Gulf Coast Low Sulfur Diesel (LSD) Crack Spread Swap
YK
1,000 Barrels
Gulf Coast ULSD Crack Spread Swap
GY
1,000 Barrels
New York Low Sulfur Diesel (LSD) Crack Spread Swap
UW
1,000 Barrels
New York ULSD Crack Spread Swap
YU
1,000 Barrels
Up-Down Gulf Coast LSD vs. NYMEX HO Spread Swap
YL
42,000 Gallons
Up-Down Gulf Coast ULSD vs. NYMEX HO Spread Swap
LT
42,000 Gallons

The minimum tick size is $0.0001 per gallon for the six contracts of 42,000 gallon size, and $0.01 per barrel for the four crack spread contracts of 1000 barrel size. All ten new contracts are cash settled. These 10 new contracts will be available for clearing and trading until the last business day of the contract month. These new contracts will be listed for 36 consecutive months on a rolling basis. The chapters containing the terms and condition product specification rules for each of the new futures contracts are available in the Exchange's online rulebook.

These new futures contracts will be listed both on NYMEX ClearPort® Trading (CPT) and on NYMEX ClearPort® Clearing (CPC), beginning with the start of the NYMEX ClearPort® trading session at 6:00 PM (New York time) on Sunday, February 25, 2007. Each of these new futures contracts will be available during the normal trading hours on NYMEX ClearPort® Trading.

Fees

The fees (per side) for the freight swap futures contracts are as follows:


(For Codes LW, LY, YW, and YS)

CPT Billing rates:
CPC Billing rates:
Cash Settlement fee:
Member
$1.00
Member
$0.85
Member
$0.85
Non-member
$2.50
Non-member
$1.35
Non-member
$1.35


(For Codes YK, GY, UW, YU, YL, and LT)

CPT Billing rates:
CPC Billing rates:
Cash Settlement fee:
Member
$1.00
Member
$2.20
Member
$2.20
Non-member
$2.50
Non-member
$2.70
Non-member
$2.70
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com