NYMEX To Waive Fees For Gasoline Futures Contracts

The New York Mercantile Exchange, Inc. today approved the following two fee waivers related to the New York Harbor RBOB gasoline (RB) and the New York Harbor gasoline (HU) futures contracts.

NYMEX proposes to waive all clearing and exchange fees in RBOB through the end of 2006. This waiver includes all trades on open outcry trading, NYMEX ACCESS®, and CME Globex® (when applicable). NYMEX is also proposing to waive all exchange and clearing fees relating only to exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transactions in gasoline (HU) through the end of 2006.

Before they can become effective, these proposed fee waivers are subject to a consent process that includes a 15-day notice to the owners of Class A memberships.