• Listing of Eight (8) Existing Futures Contracts on the CME Globex Trading Platform

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-7374
      • Notice Date
      • 02 June 2015
      • Effective Date
      • 14 June 2015

    • Effective Sunday, June 14, 2015 for trade date Monday, June 15, 2015, and pending all relevant regulatory review periods, New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will list eight (8) existing futures contracts on the CME Globex trading platform as described in the table below.

       

      Contract Titles

      Rule Chapter

      Clearing Code

      CME Globex Code

      CME Globex Listing Schedule

      Gulf Coast Heating Oil (Argus) vs. NY Harbor ULSD Futures

      244

      7U

      7U

      36 consecutive months

      Gulf Coast Heating Oil (Argus) Futures

      243

      4U

      4U

      36 consecutive months

      Australian Coking Coal (Platts) Low Vol Futures

      1111

      ALW

      ALW

      Current year plus the next three calendar years

      HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures

      867

      FSF

      FSF

      24 consecutive months

      European Hot Rolled Coil, Ex-Works Ruhr Germany (Platts) Futures

      871

      NSF

      NSF

      24 consecutive months

      Iron Ore 62% Fe, CFR North China (Platts) Futures

      925

      PIO

      PIO

      Current year and the next two calendar years

      Chinese Steel Rebar HRB400 (Mysteel) Futures

      1286

      RBR

      RBR

      12 consecutive months

      Steel Billet, FOB Black Sea (Platts) Futures

      869

      SSF

      SSF

      24 consecutive months

       

       

      These contracts will continue to be available for trading on the NYMEX trading floor and for clearing through CME ClearPort with an unchanged listing schedule.

       

      The CME Globex trading hours for these contracts will be: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT).

       

      Appendix A: NYMEX Rule 588.H. (blackline format)

      Appendix B: Exchange Fees

       

       

       

      Questions regarding this notice may be directed to:

       

      Elizabeth Hui                                        +1 212 299 2623                                 Elizabeth.Hui @cmegroup.com

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      Appendix A

       

                  NYMEX Rule 588.H. - Non-Reviewable Range Table

      (additions are underscored)

       

       

      Instrument

      Non-Reviewable Range (NRR) in Globex format

      NRR including Unit of Measure

      NRR Ticks

      Gulf Coast Heating Oil (Argus) vs. NY Harbor ULSD Futures

      250

      $0.025 per gallon

      250

      Gulf Coast Heating Oil (Argus) Futures

      250

      $0.025 per gallon

      250

      Australian Coking Coal (Platts) Low Vol Futures

      60

      $.60 per ton

      60

      HMS 80/20 Ferrous Scrap, CFR Turkey (Platts) Futures

      500

      $5.00 per metric ton

      500

      European Hot Rolled Coil, Ex-Works Ruhr Germany (Platts) Futures

      500

      €5.00 per metric ton

      500

      Iron Ore 62% Fe, CFR North China (Platts) Futures

      500

      $5.00 per dry metric ton

      500

      Chinese Steel Rebar HRB400 (Mysteel) Futures

      5000

      $5.00 per dry metric ton

      5000

      Steel Billet, FOB Black Sea (Platts) Futures

      500

      $5.00 per metric ton

      500

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      Appendix B

       

       

      FEE SCHEDULE

       

       

      Contract Title

      Code

      HMS 80/20 Ferrous Scrap, CFR Turkey (Platts)  Futures

      FSF

      European Hot Rolled Coil, Ex-Works Ruhr Germany (Platts)  Futures

      NSF

      Steel Billet, FOB Black Sea (Platts)  Futures

      SSF

       

       

      CME Globex

      Member Day Rate

      4.00

      Member Overnight Rate

      4.00

      Cross Division Rate

      2.00

      Non-Member Rate

      6.00

      International Incentive Program (IIP)

      4.40

       

      Contract Title

      Code

      Chinese Steel Rebar HRB400 (Mysteel) Swap Futures

      RBR

                                                                   

       

      CME Globex

      Member Day Rate

      8.00

      Member Overnight Rate

      8.00

      Cross Division Rate

      4.00

      Non-Member Rate

      10.00

      International Incentive Program (IIP)

      8.80

       

      Contract Title

      Code

      Iron Ore 62% Fe, CFR North China (Platts)  Futures

      PIO

       

       

      CME Globex

      Member Day Rate

      4.00

      Member Overnight Rate

      4.00

      Cross Division Rate

      2.00

      Non-Member Rate

      5.00

      International Incentive Program (IIP)

      4.50

      *PIO is currently on fee waiver, Globex fees will apply after waiver is expired

       

       

       

       

       

       

       

      Contract Title

      Code

      Australian Coking Coal (Platts) Low Vol  Futures

      ALW

                                                                   

       

      CME Globex

      Member Day Rate

      5.00

      Member Overnight Rate

      5.00

      Cross Division Rate

      6.00

      Non-Member Rate

      7.00

      International Incentive Program (IIP)

      6.00

       

      Contract Title

      Code

      Gulf Coast Heating Oil (Argus)  Futures

      4U

      Gulf Coast Heating Oil (Argus) vs. NY Harbor ULSD Futures

      7U

       

       

      CME Globex

      Member Day Rate

      0.85

      Member Overnight Rate

      0.85

      Cross Division Rate

      1.10

      Non-Member Rate

      1.35

      International Incentive Program (IIP)

      1.10

       

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.