Notice to Members
Notice No. 132
03/12/2008
NYMEX Division Span Parameters for the New NYMEX Carbon and Sulfur Dioxide (SO2) Option Contracts
Effective Date: Monday, March 17, 2008 (close of business)

Futures Contracts: European Union Allowance (EUA) Option Contract (AV), SO2 Emission Allowance Option Contract (AS)

SPAN Parameters for New NYMEX Carbon and Sulfur Dioxide(SO2) Options
Commodity Name
Option Trading Symbol
Volatility Scan Range
Volatility Weight Factor
Extreme Move Value
Extreme Move Coverage
Short Option Minimum
European Union Allowance (EUA) Option
AV
3.5
0
3
0.33
€ 25
SO2 Emission Allowance Option
AS
3.5
0
3
0.33
$25
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com