• Clearing Processing Fees for NYMEX/COMEX-Waiver Extension

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 10-47
      • Notice Date
      • 04 February 2010
      • Effective Date
      • 04 February 2010
    • As you were previously informed (per Clearing House Advisory notices #:09-416, 479,and 563), the give-up surcharge, position adjustment and position transfer fees have been waived for NYMEX and COMEX products through February 28, 2010.   
      In response to firms’ requests, these current fee waivers will be extended through March 31, 2010.   As a point of clarification, the give-up surcharge fee only applies to give-up allocations between clearing firms.   It does not apply to the initial customer/clearing firm allocation when entered by a floor broker through the FEC Broker application.
      For any additional questions related to NYMEX and COMEX product and fee information, please contact Nicholas Mehnert at (212) 299-2154 or James Sullivan at (212) 299-2151.
      For all other questions or concerns, please contact CME Clearing at (312) 207-2525 or ccs@cmegroup.com