• Listing Eight (8) Western Electricity Futures on the CME Globex Trading Platform

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      • Members, Member Firms and Market Users
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      • Research and Product Development
      • #
      • SER-6870R
      • Notice Date
      • 21 October 2013
      • Effective Date
      • 10 November 2013
    • This SER supersedes SER-6870 dated October 11, 2013 to update the effective date.
       
       
      Effective Sunday, November 10, 2013, for trade date Monday, November 11, 2013, and pending all relevant CFTC regulatory review periods, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will list eight (8) existing western electricity futures contracts on the CME Globex trading platform. These contracts will continue to be available for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort.
       
      The CME Globex trading hours for these contracts will be: 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).
       
      The contract titles, rule chapters, clearing and CME Globex codes, CME Globex listing schedule, and fees are provided below.
       
       
      Product Name
      NYMEX Rule Chapter
      Clearing Code
      CME Globex Code
      CME Globex Listing Schedule
      CAISO NP15 EZ Gen Hub 5 MW Peak Calendar-Month Real-Time LMP Futures
      264
      1Y
      1Y
      36 consecutive months
      CAISO NP15 EZ Gen Hub 5 MW Off-Peak Calendar-Month Real-Time LMP Futures
      266
      2D
      2D
      36 consecutive months
      CAISO NP15 EZ Gen Hub 5 MW Peak Calendar-Day Real-Time LMP Futures
      268
      2F
      2FW
      All days in the current month and the following calendar month
      CAISO NP15 EZ Gen Hub 5 MW Off-Peak Calendar-Day Real-Time LMP Futures
      270
      2J
      2JW
      All days in the current month and the following calendar month
      CAISO NP15 EZ Gen Hub 5 MW Peak Calendar-Month Day-Ahead LMP Futures
      342
      4X
      4XW
      36 consecutive months
      CAISO NP15 EZ Gen Hub 5 MW Off-Peak Calendar-Month Day-Ahead LMP Futures
      344
      3X
      3XW
      36 consecutive months
      CAISO NP15 EZ Gen Hub 5 MW Peak Calendar-Day Day-Ahead LMP Futures
      346
      3Z
      3ZW
      All days in the current month and the following calendar month
      CAISO NP15 EZ Gen Hub 5 MW Off-Peak Calendar-Day Day-Ahead LMP Futures
      348
      2Z
      2ZW
      All days in the current month and the following calendar month
       
       
       
      CME Globex Fees for Contracts 3Z, 2F, 4X, and 1Y

      Exchange Fees
       
      Member Day
      Member
      Cross Division
      Non-Member
      IIP
      Globex
      0.35
      0.35
      0.37
      0.40
      0.37

       
       
       
      CME Globex Fees for Contracts 2Z, 2J, 3X, and 2D

      Exchange Fees
       
      Member Day
      Member
      Cross Division
      Non-Member
      IIP
      Globex
      0.0263
      0.0263
      0.0281
      0.03
      0.0281

       
       
       
       
      Please refer questions on this subject to:
      Research and Product Development
      Greg Price                  Gregory.Price@cmegroup.com                                 (212) 299-2625
       
      Products and Services
      Todd Schlaht               Todd.Schlaht@cmegroup.com                                  (403) 444-5568