NYMEX To Waive Fees For Crude Oil Spread Trade on CME GLOBEX®

The New York Mercantile Exchange, Inc. today approved waiving a fee related to trading the WTI financial futures (WS) leg of a WTI:Brent spread (WS:BB) on CME Globex.

Previously, NYMEX stated that the fees for the Brent financial futures (BB) leg of the WS:BB spread would be waived. It is now also waiving fees for the WTI financial futures (WS) leg of the spread through December 31, 2006.

Before this can become effective, the proposed fee waiver is subject to a consent process that includes a 15-day notice to the owners of Class A memberships.