NYMEX To Offer Physically Delivered WTI - Brent Crude Oil Spread On CME Globex®

The New York Mercantile Exchange, Inc. announced today that it will offer electronic spread trading functionality between its physically delivered light sweet crude oil and Brent crude oil futures contracts on CME Globex, beginning September 24 for trade date September 25. The new spread functionality, CL:BB, will replace the current spread between the financially settled crude oil futures and Brent crude oil futures. That spread, known as WS:BB, will be delisted from CME Globex at the close of business on September 22.