Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

New York Mercantile Exchange Announces Clearing Fees For European-Style Options

Date 19/03/2004

The New York Mercantile Exchange, Inc., today announced fees for the four European-style options it will introduce for clearing on NYMEX ClearPortsm, beginning on Sunday night.

Fees for the crude oil, heating oil, gasoline, and natural gas options contracts will be $1.75 per contract per side for Exchange members and $2.50 per contract per side for non-members. Final cash settlement fees will be $0.90 per contract for members and $1.15 per contract for non-members.