Approval was granted for trading light, sweet crude oil, Brent crude oil, heating oil, gasoline, and gold futures, as well as futures contracts on four U.S. crude oil price differentials on NYMEX ACCESS®; and a slate of crude oil and refined product outright and differential swap futures contracts on NYMEX ClearPortsm, which can also be submitted through the system as off–exchange transactions solely for clearing.
The NYMEX ClearPortsm contracts include: West Texas Intermediate (WTI) crude oil calendar swap and WTI–Bow River crude oil swap futures contracts; New York harbor heating oil and New York harbor gasoline swap futures contracts; Los Angeles California Air Resources Board (CARB)–specification gasoline swap futures; Gulf Coast residual fuel oil 3% sulfur swap futures; New York harbor residual fuel oil 1% sulfur swap futures; Gulf Coast residual fuel oil and New York harbor residual fuel oil crack spread swap futures contracts; and swap futures contracts on the differentials between NYMEX Division heating oil and NYMEX Division gasoline, New York harbor conventional gasoline and NYMEX Division gasoline, New York harbor diesel fuel and NYMEX Division heating oil, Gulf Coast gasoline and Gulf Coast heating oil, Gulf Coast jet fuel and NYMEX Division heating oil, Los Angeles jet fuel and NYMEX Division heating oil, and Los Angeles CARB gasoline and NYMEX Division gasoline.
Exchange President J. Robert Collins, Jr., said, "By making the Exchange's petroleum and gold markets available directly from Singapore, the key oil trading hub in the Far East, market participants will have ready access to the deep liquidity of the Exchange during the business day in Asia. We thank the Monetary Authority of Singapore for working with us to give market participants the widest possible array of choices at this time of market uncertainty."
