The New York Mercantile Exchange, Inc. today announced that it will introduce two new ethanol swap futures contacts on NYMEX ClearPort, beginning on July 8 for trade date July 9.
The new contracts are the Chicago ethanol (Platts) swap (CU) and New York ethanol (Platts) swap (EZ) futures. The first listed month will be the July 2007 contract month, and they will be listed for 36 consecutive months.
The contracts will be 42,000 gallons in size with a minimum price fluctuation of $0.0001 per gallon.
Information about fees is available on the NYMEX website at www.nymex.com.
FTSE Mondo Visione Exchanges Index:
NYMEX To Launch Two Ethanol Swap Futures Contracts On NYMEX ClearPort®
Date 02/07/2007
