The contracts – including crude oil, natural gas, heating oil and gasoline futures – will trade side-by-side in conjunction with Nymex trading floor hours, and will be fungible with the floor-traded products.
The contracts will be listed for the full curve or for all months corresponding with the underlying full-sized futures contract, and will be available for trading from 6:00pm ET Sundays through 5:15pm ET Fridays, with a 45-minute break each day between 5:15pm ET and 6:00pm ET.
Details regarding the fee structure will be provided prior to the September 4 launch.
Nymex launched financially settled, standard-sized and Nymex miNY energy futures on CME Globex – the Chicao Mercantile Exchange’s electronic trading platform – on June 12.
The week on Risk.net, July 7-13, 2018Receive this by email