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Nymex Announces Waiver Of Trading Fees For Weekly And Daily PJM Electricity Futures Contracts

Date 28/05/2003

The New York Mercantile Exchange, Inc., announced today that all transaction fees for its weekly and daily financially settled PJM electricity futures contracts, scheduled to launch on June 26, will be waived through October 10, coinciding with the waiver through the same date for the monthly PJM electricity futures contract on April 11.

The initial contracts listed will be the daily contract for June 30 and the weekly contracts for the weeks of June 30 and July 6.