New York Mercantile Exchange, Inc. today announced that it will list American&150;style crude options on NYMEX ClearPort® beginning on April 15 for the trade date of April 16, 2007.
The crude options, which will have the trading symbol LO, will be listed alongside traditional open outcry trading on the NYMEX trading floor.
NYMEX ClearPort fees for the American&150;style crude options will be $1.75 for members and $2.50 for non&150;members and COMEX members.
The options will be listed from 9:00 AM to 2:30 PM on the NYMEX trading floor; and on NYMEX ClearPort from 6:00 PM Sundays through 5:15 PM Fridays New York time, with a 45-minute break between 5:15 PM and 6:00 PM.
