• Expansion of Contract Months for LLS (Argus) vs. WTI Spread Calendar Swap Futures (WJ) Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5460
      • Notice Date
      • 02 November 2010
      • Effective Date
      • 03 November 2010
    • Effective Wednesday, November 3, 2010 for trade date Thursday, November 4, 2010, New York Mercantile Exchange, Inc. (NYMEX or Exchange) will expand the listing of contract months for the LLS (Argus) vs. WTI Spread Calendar Swap Futures contract (commodity code WJ, Chapter 840) such that the contract listing shall be current year plus the next three (3) consecutive full years, instead of its current, 36 contract months listing schedule. At the expiration of the December contract month, a new, full year shall be added.

      The contract is listed for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort.  The expansion of listed months will be reflected on both venues. The contract is subject to the rules and regulations of NYMEX and Chicago Mercantile Exchange Inc. 

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