• Expansion of Listed Contracts for Brent CFD Products on NYMEX Trading Floor and CME ClearPort

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6437
      • Notice Date
      • 19 October 2012
      • Effective Date
      • 04 November 2012
    • Effective Sunday, November 4, 2012, for trade date Monday, November 5, 2012, and pending all relevant CFTC regulatory review periods, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will amend the listing cycles for Brent CFD products as illustrated in the table below on the NYMEX trading floor and CME ClearPort.

      Product
      Clearing Code
      Rulebook Chapter
      Current Listing Rule
      New Listing Rule Effective Trade Date November 5, 2012
      Brent CFD (Platts) vs. Brent Front Month (Platts) Futures
      1C
      319
      Daily contracts are listed for the current and next two consecutive calendar months, except where such a day is later than the day that is 25 calendar days prior to the first day of the following calendar month
      Daily contracts shall be listed for the current week plus the next 12 consecutive weeks, except where such a day is later than the day that is 25 calendar days prior to the first day of the following calendar month
      Brent CFD (Platts) vs. Brent Second Month (Platts) Futures
      6W
      699
      Daily contracts are listed for the current and next two consecutive calendar months
      Daily contracts shall be listed for the current week plus the next 12 consecutive weekly contracts
      Brent CFD (Platts) vs. Brent Third Month (Platts) Futures
      59
      316
      Daily contracts are listed for the current and next three consecutive calendar months
      Daily contracts shall be listed for the current week plus the next 12 consecutive weekly contracts
      Brent CFD (Platts) vs. Brent Front Month (Platts) Weekly Futures
      CFA
      1144
      Weekly contracts listed for the current calendar week and the next eight consecutive calendar weeks, excluding weeks where (i) the last business day of the week is later than the day that is 25 calendar days prior to the first day of the following calendar month, or (ii) the Monday and the last business day of the week fall in different calendar months.
      Weekly contracts shall be listed for the current week plus the next 12 consecutive weekly contracts, excluding weeks where (i) the last business day of the week is later than the day that is 25 calendar days prior to the first day of the following calendar month, or (ii) the Monday and the last business day of the week fall in different calendar months.
      Brent CFD (Platts) vs. Brent Second Month (Platts) Weekly Futures
      CFB
      1145
      Weekly contracts are listed for the current calendar week and the next eight consecutive weeks
      Weekly contracts shall be listed for the current week plus the next 12 consecutive weekly contracts
      Brent CFD (Platts) vs. Brent Third Month (Platts) Weekly Futures
      CFC
      1146
      Weekly contracts are listed for the current calendar week and the next eight consecutive weeks
      Weekly contracts shall be listed for the current week plus the next 12 consecutive weekly contracts

       
       
      Please refer questions on this subject to:
      Research and Product Development
      Richard Stevens                        Richard.Stevens@cmegroup.com                      +44 20 3379 3790
      Paul Wightman                          Paul.Wightman@cmegroup.com                        +44 20 3379 3134
      Products and Services
      Justin Bozzino                           Justin.Bozzino@cmegroup.com                         +44 20 3379 3722