• Product Modification Summary: Amend Size and Names of MISO Michigan Hub Futures

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-451
      • Notice Date
      • 20 November 2014
      • Effective Date
      • 23 November 2014
    •  

      Effective Sunday, November 23, 2014 for trade date Monday, November 24, 2014 and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or EXCHANGE) will amend the title and product size for the below listed products.

       

       

      Code

      Clearing / Globex

      Title

      Product Size

      Example

      Old

      HM / AHM

      MISO Michigan Hub Peak Calendar-Month LMP Futures

      2.5 MW

      Enter: 5 MW (Nov-14)

      Clear: 2 contracts @ 760 MW each for  a total of 1520 MW

      New

      HM / AHM

      MISO Michigan Hub Real-Time Peak Calendar-Month 5 MW Futures

      5 MW

      Enter: 5 MW (Nov-14)

      Clear: 19 contracts @ 80 MW each for  a total of 1520 MW

      Old

      HJ / AHJ

       

      MISO Michigan Hub Off-Peak Calendar-Month LMP Futures

      2.5 MW

      Enter: 5 MW (Nov-14)

      Clear: 2 contracts @ 1040 MW each for  a total of 2080 MW

      New

      HJ / AHJ

       

      MISO Michigan Hub Real-Time Off- Peak Calendar-Month 5 MW Futures

      5 MW

      Enter: 5 MW (Nov-14)

      Clear: 416 contracts @ 5 MW each for  a total of 2080 MW

       

      Information Contacts

      CMEGroup.com Inquiries

      Customer Service

      (800) 331-3332

      General  Information

      Products & Services

      (312) 930-1000

       

      Clearing House

      (312) 207-2525

      Globex Information

      Global Command Center

      (800) 438-8616

      Performance Bond Information

      Risk Management Dept.

      (312) 648-3888

      Position Limits

      Market Regulation

      (312) 341-7970

      Clearing Fees

      Clearing Fee Hotline

      (312) 648-5470

       

      Regards,

      CME Clearing

       

      For a printer friendly version of this advisory, please click here.