Close-Out and Re-Establishment of Open Interest of the In Delivery Month European Union Allowance Futures Contract from NYMEX to CME Europe

New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) is providing advance notice of a proposal to effectuate a process to close-out and re-establish (“CORE” or “CORE process”) NYMEX In Delivery Month European Union Allowance futures contract (“EUA Futures”) open interest (CME Globex Code:  6T; Clearing Code: EAF; NYMEX Rulebook Chapter: 1250) to CME Europe Limited (“CMEE”).[1]  Under the proposal, the CORE process would be effectuated by a closeout of futures positions on NYMEX and a re-establishment of equivalent positions on CMEE.

[1] References herein to the NYMEX In Delivery Month European Union Allowance (EUA) futures contract also include the NYMEX Daily European Union Allowance (EUA) futures contract (CME Globex Code:  EUL).  As of this writing, there is no open interest in this contract.

For additional information, please contact:

• Henrik Hasselknippe – tel: +442033793735 / email: Henrik.Hasselknippe@cmegroup.com
• Tony Zangrilli – tel: +442890896820 / email: Anthony.Zangrilli@cmegroup.com
• Ryan Hanley – tel: +13124548344 / email Ryan.Hanley@cmegroup.com

Please click here for complete SER-7450.