• Delisting of Two (2) Electricity Futures Contracts from CME Globex and Simultaneous Listing on the NYMEX Trading Floor

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6364
      • Notice Date
      • 22 August 2012
      • Effective Date
      • 09 September 2012
    • Effective Sunday, September 9, 2012, for trade date Monday, September 10, 2012, and pending all relevant CFTC regulatory review periods, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) is delisting two (2) electricity swap futures contracts from the CME Globex trading platform and simultaneously listing such contracts for trading on the NYMEX trading floor.
      These contracts remain listed for submission for clearing through CME ClearPort.
      The contracts, commodity codes, and chapter numbers are listed below:
      Contract
      Commodity Code
      Rule Chapter
      PJM Western Hub Peak Calendar-Month Real-Time LMP Swap Futures
      L1
      176
      PJM Western Hub 50 MW Peak Calendar-Month Real-Time LMP Swap Futures
      4S
      178
      The Exchange fees associated with the listing of the above-referenced products on the NYMEX trading floor are as follows:
       

      Exchange Fees for PJM Western Hub Peak Calendar-Month Real-Time LMP Swap Futures (L1)
       
      Member Day
      Member
      Cross Division
      Non-Member
      IIP
      Pit
      NA
      .35
      .37
      .40
      Globex
      NA
      NA
      NA
      NA
      NA
      ClearPort
      NA
      NA
      Other Processing Fees
       
      Member
      Non-Member
      Cash Settlement
      .40
      .40
       
      Futures from E/A
      NA
      NA
       
       
      House Acct
      Customer Acct
       
      Options E/A Notice
      NA
      NA
       
      Delivery Notice
      NA
      NA
       
      Additional Fees and Surcharges
       
       
      EFS Surcharge
      NA
       
      Block Surcharge
      NA
       
      Facilitation Desk Fee
      .05
       
      Exchange Fees PJM Western Hub 50 MW Peak Calendar-Month Real-Time LMP Swap Futures (4S)
       
      Member Day
      Member
      Cross Division
      Non-Member
      IIP
      Pit
      NA
      3.50
      3.75
      4.00
      Globex
      NA
      NA
      NA
      NA
      NA
      ClearPort
      NA
      NA
      Other Processing Fees
       
      Member
      Non-Member
      Cash Settlement
      4.00
      4.00
       
      Futures from E/A
      NA
      NA
       
       
      House Acct
      Customer Acct
       
      Options E/A Notice
      NA
      NA
       
      Delivery Notice
      NA
      NA
       
      Additional Fees and Surcharges
       
       
      EFS Surcharge
      NA
       
      Block Surcharge
      NA
       
      Facilitation Desk Fee
      .05
       

       
      Please refer questions on this subject to:
      Research and Product Development
      Brad Leach                               Brad.Leach@cmegroup.com                              (212) 299-2609
       
      Products and Services
      Kristen Bauer                            Kristen.Bauer@cmegroup.com                           (713) 658-9294