• Addition of Trading Venue for Four (4) Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures with Specific Vintage Years

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5131
      • Notice Date
      • 04 February 2010
      • Effective Date
      • 07 February 2010
    • 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
      NYMEX Pit 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.