• REVISED NOTICE: Listing of Five Petroleum Futures on NYMEX Trading Floor and CME ClearPort and Rule Amendments to Two Existing Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5116R
      • Notice Date
      • 28 January 2010
      • Effective Date
      • 28 January 2010
    • Please be advised that the fees for Northwest Europe Fuel Oil High-Low Sulfur Spread (Platts) BALMO and 3.5% Fuel Oil Rdam vs. 3.5% FOB MED Spread (Platts) BALMO Swap Futures contracts (codes 88 and 63) provided in Special Executive Report SER-5116, issued on January 21, 2010, inadvertently omitted the Blended Floor Trading Rate. 

      For your convenience, a revised table reflecting all fees for Northwest Europe Fuel Oil High-Low Sulfur Spread (Platts) BALMO and 3.5% Fuel Oil Rdam vs. 3.5% FOB MED Spread (Platts) BALMO Swap Futures contracts (codes 88 and 63) is provided below.  

      Fees for Northwest Europe Fuel Oil High-Low Sulfur Spread (Platts) BALMO and 3.5% Fuel Oil Rdam vs. 3.5% FOB MED Spread (Platts) BALMO Swap Futures contracts (codes 88 and 63) are:

      CPC Billing Rates

      NY Trading Floor Rates

      Cash Settlement Fee

      Member

      $15.00

      Member

      $15.00

      Member

      $15.00

      Non-Member

      $20.00

      Non-Member

      $20.00

      Non-Member

      $20.00

         

      Blended Floor Rate

      $17.50

         

      These products, along with three other new petroleum products will be available on Sunday, February 7, 2010 for trade date Monday, February 8, 2010 for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort. 

      As the balance of the listing information remains unchanged, please refer to SER-5116 at the link below for all other relevant data regarding the launch of the 5 petroleum contracts.

      http://www.cmegroup.com/tools-information/lookups/advisories/market-regulation/SER-5116.html

      For additional information, please contact Daniel Brusstar at 212-299-2604.