• Natural Gas Modernization Tick Size Change

      • To
      • Clearing Member Firms; Back Office Managers; Bookkeeping Software Providers; ISVs
      • From
      • CME Clearing
      • #
      • 12-341
      • Notice Date
      • 08 August 2012
      • Effective Date
      • 12 August 2012
    • Effective Sunday, August 12, 2012, for trade date Monday, August 13, 2012, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will reduce the minimum price fluctuation for the natural gas contracts, listed in the table below, from $0.0025 per MMBtu to $0.0001 per MMBtu.
       
      Contract
      Code
      Columbia Gas TCO Basis Swap (Platts IFERC) Futures
      TC
      Columbia Gulf Louisiana Basis Swap (Platts IFERC) Futures
      GL
      Houston Ship Channel Basis Swap (Platts IFERC) Futures
      NH
      Texas Eastern Zone M-3 Basis Swap (Platts IFERC) Futures
      NX
      Ventura Basis Swap (Platts IFERC) Futures
      PF
      Demarc Basis Swap (Platts IFERC) Futures
      PE
      NGPL Mid-Con Basis Swap (Platts IFERC) Futures
      NL
      NGPL TexOk Basis Swap (Platts IFERC) Futures
      PD
      Panhandle Basis Swap (Platts IFERC) Futures
      PH
      Waha Basis Swap (Platts IFERC) Futures
      NW
      Rockies Basis Swap (Platts IFERC) Futures
      NR

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