• Delisting of Four (4) European Biodiesel Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6995
      • Notice Date
      • 27 January 2014
      • Effective Date
      • 27 January 2014
    • Earlier today, January 27, 2014, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) delisted four (4) European biodiesel futures contracts as set out in the table below.   The delisting of these contracts is a result of the Exchange’s prior announcement that the last listed contract month for these contracts shall be December 2013. 
      As a result of the delisting, information regarding these contracts have been deleted from the respective product rule chapters, related position limits in the Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 (Trading Qualifications and Practices) of the NYMEX Rulebook, the CME Globex non-reviewable ranges located in Rule 588.H of the NYMEX Rulebook, and the list of block-eligible products located on the CME Group website.

      Product Name
      Commodity Code
      NYMEX Rulebook Chapter Number
      RME Biodiesel FOB Rdam (Argus) vs. Gasoil Futures
      FAME 0 Biodiesel FOB Rdam (Argus) vs. Gasoil Futures
      Argus Biodiesel RME FOB Rdam Futures
      FAME 0 Biodiesel FOB Rdam (Argus) Futures

      The Exchange previously notified the Commodity Futures Trading Commission (CFTC) of the delisting of previously listed contracts months of these contract (NYMEX Submission No. 13-335 dated August 12, 2013). The CFTC will be notified of the delisting of these products during the week of February 3, 2014, via the weekly notification procedures set forth in Part 40 of the CFTC Regulations.
      For additional information, please contact:
      Research and Product Development
      Richard Stevens            Richard.Stevens@cmegroup.com              +44 20 3379 3790
      Elizabeth Hui                  Elizabeth.Hui@cmegroup.com              +44 20 3379 3707