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02.6.20

Amendments to the WTI Houston vs. WTI Trade Month Average Price Option and the WTI Houston vs. Brent Trade Month Average Price Option Contracts

Effective on trade date Friday, February 26, 2020, the New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will amend the title, style, underlying futures, strike price listing, and expiration to the WTI Houston vs. WTI Trade Month Average Price Option and the WTI Houston vs. Brent Trade Month Average Price Option contracts (the “Contracts”) as noted in the table below and in Exhibit C of NYMEX Submission No. 20-106. Additionally, the Exchange is removing the diminishing balance for the Contracts as they are no longer average price option contracts. Please note that the contracts have zero open interest and the change will be made effective with the April 2020 contract month and beyond.

For the full text of this notice, please see the link HERE


The information contained herein is from sources believed to be reliable, but we can not guarantee either its accuracy or completeness. The information is provided for informational purposes only. Nothing contained herein shall be construed as a recommendation to buy or sell commodity futures or options on futures.

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