• Trading At Marker Commodities Eligible for Block Trade Execution

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6101
      • Notice Date
      • 25 January 2012
      • Effective Date
      • 12 February 2012
    • Effective Sunday, February12, 2012, for trade date Monday, February13, 2012, and pending all relevant CFTC regulatory review periods, please be advised that the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will allow block trades in all NYMEX products eligible for execution as Trading at Marker (TAM) transactions.
      The minimum quantity thresholds applicable for TAM block trades will be identical to the minimum quantity thresholds applicable to the underlying futures product. Accordingly, the minimum threshold for Light Sweet Crude Oil futures and Brent Crude Oil Last Day Financial futures TAM transactions will be 100 contracts and the minimum threshold for Heating Oil futures and RBOB Gasoline futures TAM transactions will be 50 contracts.
      Please refer questions on this subject to:
      Market Regulation:
      Robert Sniegowski                    Robert.Sniegowski@cmegroup                          312.341.5991
      Research and Product Development:
      Dan Brusstar                             Daniel.Brusstar@cmegroup.com                       212.299.2604