• Listing of Mini Japan Naphtha (Platts) BALMO Swap Futures on NYMEX Trading Floor and CME ClearPort

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5749
      • Notice Date
      • 03 May 2011
      • Effective Date
      • 15 May 2011
    • Effective Sunday, May 15, 2011, for trade date Monday, May 16, 2011, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will list a Mini Japan Naphtha (Platts) BALMO Swap Futures contract for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort. This financially settled contract will be listed with NYMEX, and subject to the rules and regulations of NYMEX and Chicago Mercantile Exchange Inc.

      The Exchange will allow the exchange for related position (EFRP) transactions to be submitted through CME ClearPort. EFRP transactions in this futures contract are governed by the provisions of Exchange Rule 538.


             Title: Mini Japan Naphtha (Platts) BALMO Swap Futures

             Commodity Code: E6M

             First Listed Month: May 2011

             Listing Period: One contract month, and the next contract month will be listed ten business days before the start of the contract month

             Contract Size: 100 metric tons

             Termination of Trading: Trading shall terminate on the last business day of the contract month. Business days are based on the Singapore Public Holiday calendar.

             Minimum Price Tick: $0.001 per metric ton

             Value per Tick: $0.10 per metric ton

             Final Settlement Price: Settlement tick = $0.001

             Rule Chapter: 1062

             Trading and Clearing Hours:

      CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT).

      Open Outcry: Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. CT).



      Transaction / Clearing Fee 

      Cash Settlement Fee 






      Mini Japan Naphtha (Platts) BALMO Swap Futures











      Should you have any questions or require any further information, please contact Owain Johnson at (65) 6593-5568 or Dan Brusstar at 212-299-2604.