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CME Group Announces The Launch Of New Electricity Swap Futures Contracts

Date 15/04/2009

CME Group Inc., the world's largest and most diverse derivatives exchange, today announced eight new electricity swap futures contracts, scheduled to begin trading on April 26 for trade date April 27. These contracts are listed with, and subject to, the rules and regulations of NYMEX. They will be available through CME ClearPort®, a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes.

The new swap futures contracts and their commodity codes will be:

  • CAISO NP15 EZ Gen Hub 5 MW peak calendar-month real-time LMP (1Y)
  • CAISO SP15 EZ Gen Hub 5 MW peak calendar-month real-time LMP (1Z)
  • CAISO NP15 EZ Gen Hub 5 MW off-peak calendar-month real-time LMP (2D)
  • CAISO SP15 EZ Gen Hub 5 MW off-peak calendar-month real-time LMP (2E)
  • CAISO NP15 EZ Gen Hub 5 MW peak calendar-day real-time LMP (2F)
  • CAISO SP15 EZ Gen Hub 5 MW peak calendar-day real-time LMP (2H)
  • CAISO NP15 EZ Gen Hub 5 MW off-peak calendar-day real-time LMP (2J)
  • CAISO SP15 EZ Gen Hub 5 MW off-peak calendar-day real-time LMP (2K)

The first listed month will be June 2009 for all of the contracts. The monthly contracts will be listed for the current year and the next five calendar years. The new daily contracts will be listed for the current month plus the next month.

For more information, please visit www.nymex.com.