CME Group introduces four new Chicago petroleum products swap futures contracts on CME ClearPort(R), scheduled to begin trading on 25 January for trade date 26 January. These contracts are listed with, and subject to, the rules and regulations of the New York Mercantile Exchange, Inc.
The new swap futures contracts and their commodity codes will be: Chicago unleaded gasoline (Platts) (2C); Chicago unleaded gasoline (Platts) vs. RBOB spread (3C); Chicago ultra low sulfur diesel (Platts) (4C); and Chicago ultra low sulfur diesel (Platts) vs. heating oil spread (5C).
The contracts will be listed for 36 consecutive months beginning with the February 2009 contract. They will be available for trading and clearing until the last business day of the contract month.
L.D.