• REVISED: Delay in Expansion of Contract Months for Certain Heating Oil-Based Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5231R
      • Notice Date
      • 07 May 2010
      • Effective Date
      • 10 May 2010
    • S-5231R                                                                                                                              May 7, 2010

       

      REVISED: Delay in Expansion of Contract Months for Certain Heating Oil-Based Option Contracts

                                                                                                                                                                 

       

      This Special Executive Report (SER) 5231R supersedes SER-5231, issued on May 6, 2010.

      With regard to the heating oil-based option contracts listed below, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or Exchange) is delaying the expansion of listed contract months such that the new effective date is Sunday, May 16, 2010 for trade date Monday, May 17, 2010.  Please note that the expansion of contract months for these contracts was previously scheduled to take effect on May 10, 2010. 

      The previously-announced expansion of contract months for the heating oil-based futures contracts listed below is intact and will occur as previously scheduled on Sunday, May 9, 2010 for trade date Monday, May 10, 2010.  These futures and option contracts are subject to the rules and regulations of NYMEX.

       

      OPTION Contracts

      Code

      Rule Chapters

      EXPANDED LISTED CONTRACT MONTHS EFFECTIVE MAY 17, 2010

      Existing Listed Contract Months

      Venue

      Heating Oil Average Price Option

      AT

      321

      DECEMBER 2012

      June 2012

      ClearPort, Trading Floor

      Heating Oil Calendar Spread Option

      FA, FB, FC,FM, FZ

      392

      JANUARY 2013

      August 2012

      ClearPort, Trading Floor

       

      FUTURES Contracts

      Code

      Rule Chapters

      EXPANDED LISTED CONTRACT MONTHS EFFECTIVE MAY 10, 2010

      Existing Listed Contract Months

      Venue

      Gulf Coast Jet Up-Down (Platts) vs. Heating Oil Swap Futures

      ME

      608

      DECEMBER 2012

      June 2012

      ClearPort, Trading Floor

      Gulf Coast ULSD Up-Down (Platts) vs. Heating Oil Swap Futures

      LT

      746

      DECEMBER 2012

      July 2012

      ClearPort, Trading Floor

      Heating Oil Calendar Swap Futures

      MP

      603

      DECEMBER 2012

      June 2012

      ClearPort, Trading Floor

      Heating Oil Crack Spread Swap Futures

      HK

      523

      DECEMBER 2012

      June 2012

      ClearPort, Trading Floor

      Heating Oil Penultimate Financial Futures

      BH

      825

      JANUARY 2013

      June 2012

      ClearPort, Trading Floor

      Should you have any questions or require any further information, please contact Dan Brusstar at 212-299-2604