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CME launches petroleum swaps and minute-marker energy contracts

CME Group today announced the launch of six financially settled petroleum swap futures contracts and six new minute-marker energy contracts, which will be available from mid-June.

The contracts will be available through CME ClearPort and subject to the rules and regulations of Nymex.

The petroleum swap futures contracts will be available during normal CME ClearPort operating hours: from 6pm Sunday until 5.15pm Friday (New York time). The products include the following Argus swap futures: Gulf Coast Heating Oil; Gulf Coast Heating Oil vs. Heating Oil Spread; New York ULSD

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