• Amendment to Block Trade Minimum Quantity Threshold Level for the LNG Japan/Korea Marker (Platts) Futures Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7344
      • Notice Date
      • 13 May 2015
      • Effective Date
      • 31 May 2015

    • Effective on Sunday, May 31, 2015 for trade date Monday June 1, 2015, and pending all relevant CFTC regulatory review periods, the New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will reduce block trade minimum threshold level for the LNG Japan/Korea Marker (Platts) Futures contract (the “Contract”) from 10 to 5 contracts as set forth below.  The Contract is listed for trading on the NYMEX trading floor and CME Globex and for submission for clearing through CME ClearPort.

      Product Name

      LNG Japan/Korea Marker (Platts) Futures

      Product Symbol

      JKM

      Rule Chapter

      868

      Contract Unit

      10,000 MMBtu

      Current Minimum Block Threshold

      10 contracts

      Amended Minimum Block Threshold as of trade date June 1, 2015

      5 contracts

      For further information please contact Alan Bannister at +65 6593 5565 or Mok Wing Chew at +65 6593 5583.

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