• Contract Unit System Configuration for Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Futures Contracts

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 11-85
      • Notice Date
      • 10 March 2011
      • Effective Date
      • 10 March 2011
    • Please be advised that the New York Mercantile Exchange, Inc. (NYMEX or the Exchange) is amending the contract unit system configuration for each of the PPEC contracts listed below such that the contract size will be 2,500 MMBtu and the minimum execution will be restricted to whole number multiples of the number of calendar days in the delivery period.  The economic outcome of the new structure is identical to that of the current structure. The new structure will mimic the commercial practice. 

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