• Delisting of Northwest Europe Gasoline (Argus) Swap Futures, Argus Gasoline NWE BALMO Swap Futures, and European Argus Gasoline Crack Spread Swap Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5188
      • Notice Date
      • 30 March 2010
      • Effective Date
      • 01 April 2010
    • Effective for trade date April 1, 2010, the New York Mercantile Exchange will delist the Northwest Europe Gasoline (Argus) Swap Futures (Code AR, Chapter 664), Argus Gasoline NWE BALMO Swap Futures (Code B9, Chapter 492), and European Argus Gasoline Crack Spread Swap Futures (Code RG, Chapter 711).  Please note that these products are no longer assessed in the Northwest Europe (NWE) market and are being replaced by the Euro-bob grade of gasoline.  The Exchange currently offers similar products based on the Euro-bob grade of gasoline.  The last trading day for these three contracts will be March 31, 2010.  NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Table will be amended with the removal of these delisted contracts.

       

      Contract related questions can be directed to Anthony V. Densieski, Director, Market Surveillance at 212.299.2881, or Chris Reinhardt, Supervisor, Market Surveillance at 212.299.2884. 

       

      (Strikethrough indicates deletions.)

       

      Contract Name

      Rule Chap-ter

      Com-modity Code

      Diminish-ing Balances Contracts

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Reporting Level

      Aggregate Into (1)

      Aggregate Into (2)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Petroleum

       

       

       

       

       

       

       

       

       

      Europe

       

       

       

       

       

       

       

       

       

      Northwest Europe

       

       

       

       

       

       

       

       

       

      Northwest Europe Gasoline (Argus) Swap Futures

      664

      AR

      *

      1,500

      1,500

      500

      25

      AR

      Argus Gasoline NWE BALMO Swap Futures

      492

      B9

      1,500

      1,500

      500

      25

      AR

      European Argus Gasoline Crack Spread Swap Futures

      711

      RG

      *

      1,500/20,000

      1,500/20,000

      500/2,000

      25

      AR

      BB