Currently, e-miNYsm trading terminates on the same day as the standard-sized contracts.
The revised e-miNYsm termination schedule is as follows:
|
Contract Month |
e-miNYsm Crude Oil |
e-miNYsm Natural Gas |
|
August 2003 |
July 21, 2003 |
July 28, 2003 |
|
September |
August 19 |
August 26 |
|
October |
September 19 |
September 25 |
|
November |
October 20 |
October 28 |
|
December |
November 19 |
November 24 |
|
January 2004 |
December 18 |
December 24 |
|
February |
January 16, 2004 |
January 27, 2004 |
|
March |
February 19 |
February 24 |
|
April |
March 19 |
March 26 |
|
May |
April 19 |
April 27 |
|
June |
May 19 |
May 25 |
|
July |
June 21 |
June 25 |
|
August |
July 19 |
July 27 |
|
September |
August 19 |
August 26 |
|
October |
September 20 |
September 27 |
|
November |
October 19 |
October 26 |
|
December |
November 18 |
November 23 |
The e-miNY energy futuressm are fractional futures contracts sized at 40% of the standard futures contracts, the equivalent of 400 barrels of crude oil and 4,000 million British thermal units of natural gas. The contracts trade on the Chicago Mercantile Exchange's GLOBEX® electronic trading platform and clear through the New York Mercantile Exchange clearinghouse. They are based on financial settlement and designed to make it easier for individual investors to participate in these markets.
