On Sunday, March 7, 2010 for trade date Monday, March 8, 2010, New York Mercantile Exchange, Inc. (NYMEX or Exchange) will offer for trading on CME Globex four (4) Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures for vintage years 2009 through 2012 which were previously listed on the Exchange on January 25, 2010. These contracts are currently available for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort, a set of flexible clearing services open to over the counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes.
These contracts are listed by NYMEX, and are subject to rules and regulations of NYMEX and Chicago Mercantile Exchange Inc.
The four (4) contracts, commodity codes for all three venues, and rule chapters are listed below for your convenience.
Contracts |
ClearPort Code |
CME Globex Code |
Rule Chapter |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2009 Futures |
98 |
98N |
873 |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2010 Futures |
76 |
76N |
873 |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2011 Futures |
86 |
86N |
873 |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2012 Futures |
96 |
96X |
873 |
The transactions fees across all venues for these contracts, which are waived until March 31, 2010, are as follows:
Contract Name |
Member |
Non Member |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2009 Futures |
$2.50 |
$2.50 |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2010 Futures |
$2.50 |
$2.50 |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2011 Futures |
$2.50 |
$2.50 |
Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Vintage 2012 Futures |
$2.50 |
$2.50 |
Additional Fees |
Member |
Non Member |
|
Delivery Notice |
$1.00 |
$1.00 |
|
Should you have any questions or require any further information, please contact Brad Leach at 212-299-2609 or Adila Mchich at 212-299-2270.