• Delisting Certain Contract Months for Seven (7) Low Sulphur Gasoil Based Futures and Options Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7211
      • Notice Date
      • 10 November 2014
      • Effective Date
      • 10 November 2014
    • Earlier today, Monday, November 10, 2014, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) delisted from trading previously-listed contract months for seven (7) low sulphur Gasoil based futures and options contracts. There was no open interest in the delisted contract months. 

      More specifically, NYMEX delisted from trading previously-listed contract months for the five (5) contracts listed immediately below such that the last contract month available for trading and clearing is December 2014.  These contracts are listed for trading on CME Globex, the NYMEX trading floor and fur submission for clearing via CME ClearPort.

      Contract Title

      Commodity Code and Rulebook Chapter

      Listing Schedule Prior to November 10, 2014 – CPC, Globex and NX Pit

      Listing Schedule as of November 10, 2014 – CPC, Globex and NX Pit

      Contract Months Delisted as of November 10, 2014

      Low Sulphur Gasoil Average Price Option

      LSO/252

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2014

      January 2015 contract month and beyond

      Low Sulphur Gasoil (100mt) Calendar Month Futures

      LSM/309

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2014

      January 2015 contract month and beyond

      Low Sulphur Gasoil (100mt) Penultimate Day Futures

      LSP/362

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2014

      January 2015 contract month and beyond

       

       

      Singapore Gasoil (Platts) vs. Low Sulphur Gasoil Futures

      LSS/295

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2014

      January 2015 contract month and beyond

      ULSD 10ppm Cargoes CIF Med (Platts) vs. Low Sulphur Gasoil Futures

      LSL/372

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2014

      January 2015 contract month and beyond

       

      In addition, NYMEX delisted from trading previously-listed contract months for the two (2) contracts listed immediately below such that the last contract month available for trading and clearing is December 2015.  These contracts are listed for trading on CME Globex, the NYMEX trading floor and fur submission for clearing via CME ClearPort.

       Contract Title

      Commodity Code and Rulebook Chapter

      Listing Schedule Prior to November 10, 2014 – CPC, Globex and NX Pit

      Listing Schedule as of November 10, 2014 – CPC, Globex and NX Pit

      Contract months Delisted on November 10, 2014

      ULSD 10ppm Cargoes CIF NWE (Platts) vs. Low Sulphur Gasoil Futures

      LSU/361

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2015

      January 2016 contract month and beyond

      European Diesel 10ppm Barges FOB Rdam (Platts) vs. Low Sulphur Gasoil Futures

      LSE/858

      CPC/Globex – Current year + 4

      Globex – 12 months

      Monthly contracts up to and including December 2015

      January 2016 contract month and beyond