• CORRECTION – Fees for Four BALMO Futures Contracts To Launch on CME ClearPort® and the NYMEX Trading Floor September 21, 2009

      • To
      • Members, Member Firms, Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5002R
      • Notice Date
      • 18 September 2009
      • Effective Date
      • 18 September 2009
    • Special Executive Report SER-5002, issued on September 11, 2009, provided incorrect fees for the BALMO contracts, referenced below, which will be listed for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort on Sunday, September 20, 2009 for trade date Monday, September 21, 2009.  As previously reported in SER-5002, the financially settled BALMO contracts are scheduled for launch in conjunction with the launch of thirteen other financially settled petroleum and natural gas liquid futures contracts on trade date September 21, 2009.

      Contracts

      Rule Chapter

      Code

      Mont Belvieu LDH Propane (OPIS) BALMO Swap Futures

      296

      8O

      Mont Belvieu Natural Gasoline (OPIS) BALMO Swap Futures

      297

      R0

      Mont Belvieu Ethane (OPIS) BALMO Swap Futures

      298

      8C

      Mont Belvieu Normal Butane (OPIS) BALMO Swap Futures

      299

      8J

      The revised fee schedule for the four BALMO contracts is as follows:

      CPC Billing Rates

      NY Trading Floor Rates

      Cash Settlement Fee

      Member

      $2.20

      Member

      $2.20

      Member

      $2.20

      Non-Member

      $2.70

      Non-Member

      $2.70

      Non-Member

      $2.70

      As the balance of the listing information remains unchanged, please refer to SER-5002 at the link below for all other relevant data regarding this product launch. 

      http://www.cmegroup.com/tools-information/lookups/advisories/market-regulation/SER-5002.html

      Should you have any questions, please contact Daniel Brusstar at (212) 299-2604.