• Fee Waiver for Pine Prairie Energy Center Delivered Natural Gas Futures Contracts through April 30, 2011

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5597
      • Notice Date
      • 03 February 2011
      • Effective Date
      • 07 February 2011
    • As previously announced in Special Executive Report (SER) 5589, issued on January 21, 2011, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will list the following contracts on CME Globex, CME ClearPort and the NYMEX trading floor effective trade date February 7, 2011. 

      ·         Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Daily/Weekend Futures (PPD)

      ·         Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas BALMO Futures (PPB)

      ·         Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Futures (PPM)

      Please be advised that trading and clearing fees for these contracts will be waived through April 30, 2011.  On May 1, 2011, the following fee schedule shall apply for the three contracts:

      Fee Schedule for PPD, PPB and PPM (effective May 1, 2011):

      Exchange Fees

      Trading Venue

      Member Day

      Member

      Cross Division

      Non-Member

      IIP

      Pit

      n/a

      $ 1.25

      $ 1.25

      $ 1.25

      n/a

      Globex

      n/a

      $ 1.25

      $ 1.25

      $ 1.25

      $ 1.25

      ClearPort

      n/a

      $ 1.25

      n/a

      $ 1.25

      n/a

                 

      Processing Fees

       

      Fee Type

      Member

      Non-Member

      House Acct

      Cust Acct

       

      Cash Settlement

      n/a

      n/a

      n/a

      n/a

       

      Futures from E/A

      n/a

      n/a

      n/a

      n/a

       

      Options E/A Notice

      n/a

      n/a

      n/a

      n/a

       

      Delivery Notice

      n/a

      n/a

      $ 0

      $ 0

       
                 

      Additional Fees and Surcharges

             

      EFS Surcharge

      n/a

             

      Block Surcharge

      n/a

             

      Facilitation Desk Fee

      $ 0.20

             

      For contract specifications, please refer to SER-5589 which can be found at the following link: http://www.cmegroup.com/tools-information/lookups/advisories/market-regulation/SER-5589.html

      For more information, please contact Patrick McKinnon at (713) 658-9299.