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08 Jun 2009 | 07:35 UTC — New York
The following codes were created in dispatch categories TE, TB and TG.
They represent NYMEX's Minute-Markers at 3:15 pm Eastern Time for front-month RBOB gasoline, light sweet crude, and heating oil futures.
NYMEX will list the front-month Minute- Marker futures contracts for one month, and will list the second-month contract for 10 business days prior to the expiration of the front-month contract.
Conversion factors are as follows: Crude: to get $/Gallons divide by 42. RBOB and heating oil: to get $/Bbl multiply by 42.
Daily numbers will be published on Platts Global Alert page 766, in Crude Oil Marketwire (COM - crude only), North American Crude Wire (crude only), US Marketscan, and Oilgram Price Report.
Launch date is scheduled for June 15, 2009.
DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION TE NYHOMM1 c 2 DW USD GAL NYMEX HO Minute-Marker M1 TE NYHOMM2 c 2 DW USD GAL NYMEX HO Minute-Marker M2 TB NYCRMM1 c 2 DW USD BBL NYMEX Crude Minute-Marker M1 TB NYCRMM2 c 2 DW USD BBL NYMEX Crude Minute-Marker M2 TG NYRBMM1 c 2 DW USD GAL NYMEX RBOB Minute-Marker M1 TG NYRBMM2 c 2 DW USD GAL NYMEX RBOB Minute-Marker M2