• Delisting of Three (3) Emission Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7326
      • Notice Date
      • 13 April 2015
      • Effective Date
      • 13 April 2015
    • Earlier today, Monday, April 13, 2015, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) delisted three (3) emissions products as set out in the table below.  These contracts were listed for trading on CME Globex and for submission for clearing via CME ClearPort.  There was no open interest in the contracts.  

      Contract Name

      Clearing Code

      Rulebook Chapter

      Emission Reduction Unit (ERU) Futures

      REU

      1258

      Emission Reduction Unit (ERU) Option

      ERO

      1259

      Emission Reduction Unit (ERU) Serial Option

      RUE

      1267

       

      As a result of the delisting, the product rule chapters and terms and conditions contained in Rule 588.H. (for the contracts listed on CME Globex only) and 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 were removed from the Exchange Rulebook.

       

      Please refer questions on this subject to:

      Research and Product Development

      Greg Price                                             Gregory.Price@cmegroup.com                                       (212) 299-2625