• UPDATE – Notification of Listing of Eleven Natural Gas Basis Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4954
      • Notice Date
      • 30 July 2009
      • Effective Date
      • 30 July 2009
    • Special Executive Report SER-4915 advised that on Sunday, August 2, 2009 for trade date Monday, August 3, 2009, the New York Mercantile Exchange, Inc. will dually list for trading on the NYMEX trading floor and for clearing through CME ClearPort® eleven financially-settled basis option contracts on delivery locations as listed below.

      Please be advised that the first listed contract month for the eleven new option contracts on Natural Gas “Basis” locations shall be the September 2009 delivery month rather than the August 2009 delivery month as reported in SER-4915. 

       

      Contract

      Chapter

      Code

      Underlying Futures

      Henry Hub Basis Option

      509b

      5E

      HB

      Houston Ship Channel Basis (Platts IFERC) Option

      518b

      5F

      NH

      SoCal Basis Option

      520b

      5M

      NS

      Northwest Pipeline, Rockies Basis Option

      524b

      5I

      NR

      Panhandle Basis Option

      525b

      5K

      PH

      Michigan Consolidated Gas Basis Option

      619b

      4W

      NF

      Texas Eastern Zone M-3 Basis Option

      621b

      5N

      NX

      Columbia Gas Transmission Corp. Appalachia (TCO) Basis (Platts IFERC) Option

      622b

      5D

      TC

      Natural Gas Pipeline Co. of America (NGPL) TexOk Basis Option

      625b

      5H

      PD

      Natural Gas Pipeline Co. of America (NGPL) Mid-Con Basis Option

      629b

      5G

      NL

      Waha Basis Option

      634b

      5O

      NW

      As the balance of the listing information remains unchanged, please refer to SER-4915 for all other relevant data regarding this product launch.

      Should you have any questions or require any further information, please contact Bob Biolsi at (212) 299-2610.