The sulfur dioxide futures contract (RS) will be 100 metric tons and the nitrous oxide (RN) futures contract will be 10 metric tons in size. Both contracts will be listed for 36 consecutive months forward, starting with the August 2005 contract. They will be physically-settled through the EPA Allowance Tracking System.
As part of the Exchange's liquidity provider program on NYMEX ClearPort®, any trader who makes a bid or offer that is subsequently accepted will receive $5.00 per contract and the participant on the other side of the trade will pay an all–inclusive fee of $10.00 per contract.
Fees for a transaction submitted solely for clearing on NYMEX ClearPort® will be $7.50 per side for non-members and $6.50 per contract per side for members.
Exchange President James E. Newsome said, "Launching these products will bring us one step closer to offering our customers the most inclusive and comprehensive set of risk management tools available in the marketplace today."
