Under the program, any trader who makes a bid or offer that is subsequently accepted will receive $5.00 per contract, up from $1.00, and the participant on the other side of the trade will pay an all-inclusive fee of $10.00 per contract, up from $2.50. Fees for an exchange of coal futures for physicals submitted to NYMEX ClearPortsm clearing will be $6.50 per contract half-turn for Exchange members, up from $0.40, and $7.50 per contract half-turn for non-members, up from $0.85.
FTSE Mondo Visione Exchanges Index:
Nymex Increases Fees For Coal Futures
Date 10/07/2003