CME Group To Launch 4 Chicago Petroleum Swap Futures Contracts
January 14 2009 - 8:17PM
Dow Jones News
CME Group Inc. (CME) said Wednesday it plans to launch four new
Chicago-based petroleum product swap futures contracts.
The contracts will trade on CME Group's Clearport platform and
will include futures tied to Chicago unleaded gasoline; Chicago
unleaded gasoline versus RBOB spread; Chicago ultra low sulfur
diesel; and Chicago ultra low sulfur diesel versus heating oil
spread, CME Group said in a press release.
The contracts will be launched Jan. 25, with trade starting the
next day. They will be listed for 36 consecutive months beginning
with the February 2009 contract, and will be available for trading
and clearing until the last business day of the contract month.
-By Cassandra Sweet, Dow Jones Newswires; 415-439-6468;
cassandra.sweet@dowjones.com
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