Contract Name
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CSX Coal (Platts OTC Broker Index) Option on Quarterly Futures Strip
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Powder River Basin Coal (Platts OTC Broker Index) Option on Quarterly Futures Strip
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Commodity Code
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CPF
|
RPF
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Rule Chapter
|
1079
|
1080
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Option Type
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European style. Option will exercise into underlying futures upon expiration.
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European style. Option will exercise into underlying futures upon expiration.
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Underlying Futures
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CSX Coal (Platts OTC Broker Index) Swap Futures
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Powder River Basin Coal (Platts OTC Broker Index) Swap Futures
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Contract Unit
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3,000 tons
|
3,000 tons
|
Expiration
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The option contract shall expire at the close of trading on the first business day of the month prior to the delivery month of the first underlying month of the CSX Coal (Platts OTC Broker Index) Swap futures contract.
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The option contract shall expire at the close of trading on the first business day of the month prior to the delivery month of the first underlying month of the Powder River Basin Coal (Platts OTC Broker Index) Swap futures contract.
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Minimum Tick Size
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$0.01 per ton
|
$0.01 per ton
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Strike Interval
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$0.25 per ton
|
$0.25 per ton
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First Listed Contract
|
July 2012
|
July 2012
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Listing Convention
|
Current year plus next three years
|
Current year plus next three years
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Exchange Fees
|
||||||
Member Day
|
Member
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Cross Division
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Non-Member
|
IIP
|
||
Pit
|
$9.75
|
$9.75
|
$10.50
|
$11.25
|
||
Globex
|
NA
|
NA
|
NA
|
NA
|
NA
|
|
ClearPort
|
$9.75
|
$11.25
|
||||
Processing Fees
|
||||||
Member
|
Non-Member
|
|||||
Cash Settlement
|
NA
|
NA
|
||||
Futures from E/A
|
NA
|
NA
|
||||
House Acct
|
Cust Acct
|
|||||
Options E/A Notice
|
$0.40
|
$0.85
|
||||
Delivery Notice
|
NA
|
NA
|
||||
|
|
|||||
Additional Fees and Surcharges
|
||||||
EFS Surcharge
|
NA
|
|||||
Block Surcharge
|
NA
|
|||||
Facilitation Desk Fee
|
$1.00
|