NYMEX Announces Launch Date for Side By Side Trading on CME Globex

Commodity and Futures - Physical commodity and financial futures markets. 

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Subject Author Date
NYMEX Announces Launch Date for Side By Side Trading on CME Globex Joseph Barry 05-12-2006
Posted by Joseph Barry on May 12, 2006, 8:37 am
NYMEX Announces Launch Date for Side By Side Trading on CME Globex=AE
New York, N.Y., May 10, 2006 -- The board of directors of the New York
Mercantile Exchange, Inc. voted today to launch side by side trading of
its energy futures contracts on CME Globex, the electronic trading
platform of the Chicago Mercantile Exchange, on June 11 for trade date
June 12. As announced last week, in the initial phase of the launch,
NYMEX will offer cash-settled energy futures contracts for all listed
months. NYMEX miNYTM futures contracts will commence trading on CME
Globex on that date as well. For the second phase of the launch, NYMEX
will offer physically delivered energy futures contracts, no later than
six months from the initial launch.

http://www.nymex.com/press_releas.aspx?id=3Dpr20060510a


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