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Nymex Announces Clearing Fees For Dow Jones Electricity Price Index Futures

Date 03/06/2004

The New York Mercantile Exchange, Inc., announced the fees for the Dow Jones electricity price index futures contracts that will be launched today.

As part of the Exchange's liquidity provider program on NYMEX ClearPortsm, any trader who makes a bid or offer that is subsequently accepted will receive $1.44 per contract and the participant on the other side of the trade will pay an all–inclusive fee of $5.04 per contract.

Fees for a transaction submitted solely for clearing on NYMEX ClearPortsm will be $6.45 per contract per side for Exchange members and $7.20 per contract per side for non–members.