• Cross-State Air Pollution Rule (CSAPR) Environmental Futures Contract on NYMEX Delisted as of August 27, 2012

      • To
      • Clearing Member Firms; Back Office Managers; Bookkeeping Software Providers; ISVs
      • From
      • CME Clearing
      • #
      • 12-369
      • Notice Date
      • 28 August 2012
      • Effective Date
      • 27 August 2012
    • Yesterday, August 27, 2012, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) delisted four (4) Cross-State Air Pollution Rule (CSAPR) environmental futures contracts, listed below, from CME Globex and CME ClearPort (CPC). These contracts are no longer available for trading and clearing.
      This action was taken as a result of the decision to vacate the U.S. Environmental Protection Agency (EPA) Cross-State Air Pollution Rule issued by the U.S. Court of Appeals for the District of Columbia on August 21, 2012. The court vacated the rule in its entirety, finding it conflicted with the Clean Air Act. 
      Contract Title
      Product Chapter
      CPC Code
      Globex Code
      1265
      SG1
      SG1
      1266
      SG2
      SG2
      1267
      NXA
      NXA
      1268
      NXS
      NXS
      There was no open interest in these contracts.  The respective rule chapters and terms and conditions contained in Rule 588.G. (Non-Reviewable Ranges) and the Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 (Trading Qualifications and Practices) of the NYMEX Rulebook were removed.
      NYMEX continues to offer numerous U.S. and European-based environmental products.  Details of these active products can be found at www.cmegroup.com.

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