CME Group to launch cleared petroleum swaps

CME Group will launch a clearing service for eight new Nymex petroleum swap futures contracts on May 31.The contracts will be cleared through CME Clearport and are expected to appeal to both US and European airline industry for hedging and to the US natural gas liquids marketplace.

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).

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here