03/31/2008
CL = $0.01 (1¢) per barrel
HO = $0.0001 (0.01¢) per gallon
RB = $0.0001 (0.01¢) per gallon
NG = $0.001 (0.1¢) per mmBtu
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| Notice to Members |
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| Notice No. 175 03/31/2008 |
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| COMPLIANCE ADVISORY: Quoting TAS at Less Than a Full Tick |
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Please be advised that ALL transactions on the trading floor must be quoted at no less than the minimum allowable price tick for a particular contract. Quoting Trading At Settlement ("TAS") transactions at less than the minimum tick is prohibited. Members making such markets will be subject to a summary fine by the Floor Committee or an investigation by the Compliance Department. The minimum price fluctuation for each contract traded on the Exchange trading floor is as follows:
CL = $0.01 (1¢) per barrel |
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |