| Notice to Members | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notice No. 324 07/02/2007 |
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| Listing New Petroleum Products Swap Contracts on NYMEX ClearPort | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Beginning on Sunday evening, July 8 (for trade date Monday, July 9), the Exchange
will list new petroleum products swap futures contracts on NYMEX ClearPort®.
The first listed month will be the July 2007 contract month. The new swaps are
as follows:
The minimum tick size is $0.0001 per gallon for the contracts of 42,000 gallon size. The minimum tick is $0.01 per barrel for the three crack spread contracts of 1000 barrel size. Further, the minimum tick is $0.01 per metric tons for the three European outright contracts. These new contracts are cash settled, and 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 will be 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, July 8, 2007. Each of these new futures contracts will be available during the normal trading hours on NYMEX ClearPort® Trading. The fees for the Outright Contracts are: (For Codes AW, AJ, AF, LX, LL, PT, and RY)
The fees for the European Outright Contracts are: (For Codes BG, PS, and JA)
The fees for the Spread and Crack Spread Contracts are: (For Codes UZ, US, JU, RI, UY, JL, JS, KL, CF, CK and JB)
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||