• Addition of December 2013 Contract Month for European Union Allowance (EUA) Futures (RC, 6T) and Option (AV, 6U) Contracts and Administrative Amendments to Existing Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5218
      • Notice Date
      • 22 April 2010
      • Effective Date
      • 09 May 2010
    • Effective Sunday, May 9, 2010 for trade date Monday, May 10, 2010, the New York Mercantile Exchange, Inc. (NYMEX) will add the listing of the December 2013 contract month for the environmental products listed below.

      Contracts

      Code

      Rule Chapter

      European Union Allowance (EUA) Futures

      RC

      868

      European Union Allowance (EUA) Option

      AV

      869

      In Delivery Month European Union Allowance (EUA) Futures

      6T

      850

      In Delivery Month European Union Allowance (EUA) Option

      6U

      851

      The futures contracts are listed on CME Globex and CME ClearPort; the option contracts are listed on the NYMEX trading floor and CME ClearPort.

      In addition, effective trade date Monday, May 10, 2010, NYMEX will implement amendments to Rules 868.01 and 850.01 for the European Union Allowance futures contracts. The rule amendments are provided below and are administrative and non-substantive in nature.

      (bold/underline indicates additions; strikethrough indicates deletion)

       

      Chapter 868

      European Union Allowance (EUA) Futures

      868.01              SCOPE

       

      The provisions of these rules shall apply to all Phase 2008-2012 European Union EUA bought or sold for future delivery on the Exchange with the Delivery at the UK Emissions Trading Registry.

       

      Chapter 850

      In Delivery Month European Union Allowance (EUA) Futures

       

      850.01.             SCOPE

       

                              The provisions of these rules shall apply to all Phase 2008-2012 European Union EUAs bought or sold for future delivery on the Exchange with the Delivery at the UK Emissions Trading Registry.

       

      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.