The New York Mercantile Exchange, Inc. announced today that it will offer additional inter-commodity spread functionality on CME Globex, beginning on August 6 for trade date August 7.
NYMEX will offer spread trading for its full-sized, physically delivered contracts on CME Globex, before and after the close of the NYMEX trading floor. These spreads will include the RBOB gasoline vs. crude oil (RB:CL); gasoline vs. crude oil (HU:CL); heating oil vs. crude oil (HO:CL); gasoline vs. RBOB gasoline (HU:RB); RBOB gasoline vs. heating oil (RB:HO); and gasoline vs. heating oil (HU:HO).
NYMEX will also introduce spreads between the financial and physical futures contracts for trading during regular CME Globex hours, Monday through Friday 6:00 PM until 5:15 PM (Monday’s trading session begins at 6:00 PM Sunday evening). These spreads include: WTI financial vs. crude oil futures (WS:CL); RBOB financial vs. RBOB gasoline futures (RT:RB); heating oil financial vs. heating oil futures (BH:HO); natural gas (last day) financial vs. natural gas futures (HH:NG); and natural gas penultimate financial vs. natural gas futures (HP:NG).
The spreads will be charged the normal rates for each of the underlying legs. The spreads will be listed for all months corresponding with the underlying products.