CME Group to launch cleared petroleum swaps

The swap futures contracts and their commodity codes will be: New York jet fuel (Platts) (1Q); New York jet fuel (Platts) vs. heating oil (1U); propane non-LDH Mont Belvieu (OPIS) (1R); propane non-LDH Mont Belvieu (OPIS) BALMO (1S); jet aviation fuel (Platts) cargoes FOB Med (1T); jet aviation fuel (Platts) cargoes FOB Med vs. ICE gasoil (1V); 1% fuel oil (Platts) cargoes CIF Med (1W); and 1% fuel oil (Platts) cargoes CIF NWE (1X).

To continue reading...