• REGULARITY APPROVAL FOR ALUMINUM

      • From
      • Registrar's Office
      • #
      • MKR07-13-15B
      • Notice Date
      • 13 July 2015
      • Effective Date
      • 13 July 2015

    • DATE:                     July 13, 2015

      MKR#:                     07-13-15B

      SUBJECT:               REGULARITY APPROVAL FOR ALUMINUM

       

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Worldwide Warehouse Solutions LLC for regularity for the storage of aluminum deliverable against the COMEX Aluminum futures contract at their location in Baltimore, MD.  

      The approved cumulative indoor and outdoor capacity at this location is 250,000 metric tons.  

      The sole conveyance designated by the Exchange shall be truck. Their conveyance shall be subject to the minimum guaranteed daily load out rate as prescribed in NYMEX Chapter 7, Rule 703.C.3.b., contingent on any pending conveyance orders submitted prior to the primary conveyance order.

      At all times, the regular facility shall be required to meet a cumulative minimum guaranteed daily load out rate as prescribed in NYMEX Chapter 7, Rule 703.C.3.b. for all pending load out orders, on a first come first served basis.

      The storage and handling charges are as follows:

      Storage – Indoor per metric ton per month

      $12.50

      Storage – Outdoor per metric ton per month

      $9.00

      Inbound Handling per metric ton

      See note 1

      Outbound Handling to truck per metric ton

      $39.00

      Weighing Charge per metric ton

      $7.50

      Facility Receipt (Issue & Replacement)

      $75.00

      Bill of Lading per truck

      $20.00

      Blocking and Bracing per metric ton per truck

      $4.50

      Additional Labor per man hour (1 hour minimum)

      $75.00

      Note 1: Inbound handling to be billed to cargo owner

       

      The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of July 20, 2015 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

      Please refer questions on this subject to:

      Market Surveillance:

      Terry Gehring                            Terry.Gehring@cmegroup.com               (312) 435-3644

       

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