• Revised Temporary Amendment to the Listing Schedule for Crude Oil Weekly Option and Natural Gas Weekly Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7137R
      • Notice Date
      • 15 July 2014
      • Effective Date
      • 11 August 2014
    • This SER supersedes SER 7137 dated July 9, 2014.  This revision reflects the elimination of the Week 3 Crude Oil Weekly Option contract listed for August 15, 2014 expiration, as the monthly Crude Oil Option contract expires on August 15, 2014.

      Please be advised that due to operational enhancements, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will temporarily amend the listing schedules for the Crude Oil Weekly Option (Rulebook chapter 1011; commodity codes: LO1-LO5) and Natural Gas Weekly Option (Rulebook chapter 1012; commodity codes:  ON1-ON5) contracts as set forth below. The Exchange shall revert back to the conventional listing schedules in August 2014. These contracts are currently listed for trading on CME Globex and the NYMEX trading floor. Please note that effective for trade date Monday, August 11, 2014, these contracts will also be available for submission for clearing via CME ClearPort (see SER-7112R dated July 2, 2014).

      Crude Oil Weekly Option

       

       

       

      Week

      Expiration

      Underlying Futures

      Temporary Amended Listing Date

       

       

       

       

      Week 2

      8/8/2014

      September 2014

      7/15/2014 for trade date 7/16/2014

       

       

       

       

      Week 4

      8/22/2014

      October 2014

      7/29/2014 for trade date 7/30/2014

       

      Natural Gas Weekly Option

       

       

       

      Week

      Expiration

      Underlying Futures

      Temporary Amended Listing Date

       

       

       

       

      Week 2

      8/8/2014

      September 2014

      7/15/2014 for trade date 7/16/2014

       

       

       

       

      Week 3

      8/15/2014

      September 2014

      7/22/2014 for trade date 7/23/2014

       

       

       

       

      Week 4

      8/22/2014

      September 2014

      7/29/2014 for trade date 7/30/2014

       

      The Exchange will notify the Commodity Futures Trading Commission (CFTC) of the temporary amendment to the listing schedules for the above mentioned Crude Oil Weekly Option and Natural Gas Weekly Option contracts  during the week of July 14, 2014, via the weekly notification procedures set forth in Part 40 of the CFTC Regulations.

       

       
       
       
       
       

      Please refer questions on this subject to:

      Robert Biolsi     Bob.Biolsi@cmegroup.com       (212) 299-2610

      Jeff White         Jeff.White@cmegroup.com       (212) 299-2325