CME Group Announces the Launch of New Petroleum Products and Natural Gas Liquids Futures Contracts
11 Setembro 2009 - 2:29PM
PR Newswire (US)
CHICAGO, Sept. 11 /PRNewswire-FirstCall/ -- CME Group, the world's
largest and most diverse derivatives marketplace, today announced
the launch of trading and clearing services for eight new petroleum
products and nine natural gas liquids futures contracts. Trading
will be available on the New York trading floor and clearing
services will be available through CME ClearPort , a set of
flexible clearing services open to over-the-counter (OTC) market
participants to substantially mitigate counterparty risk and
provide neutral settlement prices across asset classes. Trading and
clearing are scheduled to begin on September 20 for trade date
September 21. These contracts will be listed by and subject to the
rules and regulations of NYMEX. The swap futures contracts and
commodity codes will be: -- Gulf Coast gasoline (OPIS) (4E) -- Gulf
Coast gasoline (OPIS) vs. RBOB gasoline spread (4F) -- Gulf Coast
jet (OPIS) (R9) -- Gulf Coast jet (OPIS) vs. heating oil spread
(W7) -- Gulf Coast ULSD (OPIS) (5P) -- Gulf Coast ULSD (OPIS) vs.
heating oil spread (5Q) -- Gulf Coast heating oil (OPIS) (7O) --
Gulf Coast heating oil (OPIS) vs. heating oil spread (7W) -- Mont
Belvieu natural gasoline five decimals (OPIS) (7Q) -- Mont Belvieu
iso-butane five decimals (OPIS) (8I) -- Conway propane five
decimals (OPIS) (8K) -- Conway natural gasoline (OPIS) (8L) --
Conway normal butane (OPIS) (8M) -- Mont Belvieu LDH propane (OPIS)
BALMO (8O) -- Mont Belvieu natural gasoline (OPIS) BALMO (R0) --
Mont Belvieu ethane (OPIS) BALMO (8C) -- Mont Belvieu normal butane
(OPIS) BALMO (8J) Expanding our suite of NGL and petroleum products
based on OPIS pricing will provide additional hedging opportunities
for this marketplace. The first listed month will be the October
2009 contract. The BALMO contracts will be listed for one month and
the following month for 10 business days prior to the start of the
contract month. All other contracts will be listed for 36
consecutive months. For more information please visit
http://www.cmegroup.com/clearport. As the world's largest and most
diverse derivatives marketplace, CME Group
(http://www.cmegroup.com/) is where the world comes to manage risk.
CME Group exchanges offer the widest range of global benchmark
products across all major asset classes, including futures and
options based on interest rates, equity indexes, foreign exchange,
energy, agricultural commodities, metals, weather and real estate.
CME Group brings buyers and sellers together through its CME Globex
electronic trading platform and its trading facilities in New York
and Chicago. CME Group also operates CME Clearing, one of the
largest central counterparty clearing services in the world, which
provides clearing and settlement services for exchange-traded
contracts, as well as for over-the-counter derivatives transactions
through CME ClearPort . These products and services ensure that
businesses everywhere can substantially mitigate counterparty
credit risk in both listed and over-the-counter derivatives
markets. The Globe logo, CME, Chicago Mercantile Exchange, CME
Group, Globex, E-mini and CME ClearPort are trademarks of Chicago
Mercantile Exchange Inc. CBOT and Chicago Board of Trade are
trademarks of the Board of Trade of the City of Chicago. NYMEX and
New York Mercantile Exchange are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All
other trademarks are the property of their respective owners.
Further information about CME Group and its products can be found
at http://www.cmegroup.com/. CME-G DATASOURCE: CME Group CONTACT:
Media, Anu Ahluwalia, +1-212-299-2439, or Mary Haffenberg,
+1-312-930-3435, , or Investors, John Peschier, +1-312-930-8491,
all of CME Group Web Site: http://www.cme.com/
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