Rule 745.09 Disclaimer
Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.

21


Rule 742.08

Rule 742.09

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.

Disclaimer

Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.


Rule 738.01

Rule 738.02

Rule 738.03

Rule 738.04

Rule 738.05

Rule 738.06

Rule 738.07

Rule 738.08

Gulf Coast Ultra Low Sulfur Diesel (ULSD) Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price .

The Floating Price for each contract month is equal to the arithmetic average of
the Platts U.S. Gulf Coast ULSD (pipeline) mean for each business day that it is
determined during the contract month.

Contract Quantity and Value
The contract quantity shall be 42,000 gallons. Each contract shall be valued as the
contract quantity (42,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations ©

Prices shall be quoted in U.S. dollars and cents per gallon. The minimum price
fluctuation shall be $0.0001 per gallon. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.


Rule 746.01

Rule 746.02

Rule 746.03

Rule 746.04

Rule 746.05

Rule 746.06

Rule 746.07

Rule 746.08

Up-Down Gulf Coast ULSD vs. NYMEX HO Spread Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the of the high and low quotations from Platts Oilgram Price Report for U.S. Gulf
Coast ULSD (pipeline) minus the NYMEX New York Harbor No. 2 Heating Oil
Futures first nearby contract month settlement price for each business day that
both are determined during the contract month.

For purposes of determining the Floating Price, the Platts U.S. Gulf Coast ULSD
pipeline mean will be rounded each day to the nearest thousandth of a cent.

Contract Quantity and Value
The contract quantity shall be 42,000 gallons. Each contract shall be valued as the
contract quantity (42,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per gallon. The minimum price
fluctuation shall be $0.0001 per gallon. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.

22


Rule 744.08

Rule 744.09

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.

Disclaimer

Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.

19


Rule 740.09 Disclaimer
Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.


Rule 739.01

Rule 739.02

Rule 739.03

Rule 739.04

Rule 739.05

Rule 739.06

Rule 739.07

Rule 739.08

New York Low Sulfur Diesel (LSD) Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the Platts New York LS Diesel (Barge) mean for each business day that it is
determined during the contract month.

Contract Quantity and Value
The contract quantity shall be 42,000 gallons. Each contract shall be valued as the
contract quantity (42,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per gallon. The minimum price
fluctuation shall be $0.0001 per gallon. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.


Rule 738.09 Disclaimer
Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.


Up-Down Gulf Coast Low Sulfur Diesel (LSD) vs. NYMEX HO Spread Swap

Rule 745.01

Rule 745.02

Rule 745.03

Rule 745.04

Rule 745.05

Rule 745.06

Rule 745.07

Rule 745.08

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the of the high and low quotations from Platts Oilgram Price Report for U.S. Gulf
Coast LS Diesel (pipeline) minus the NYMEX New York Harbor No. 2 Heating
Oil Futures first nearby contract month settlement price for each business day that
both are determined during the contract month.

For purposes of determining the Floating Price, the Platts U.S. Gulf Coast LS
Diesel pipeline mean will be rounded each day to the nearest thousandth of a cent.

Contract Quantity and Value
The contract quantity shall be 42,000 gallons. Each contract shall be valued as the
contract quantity (42,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per gallon. The minimum price
fluctuation shall be $0.0001 per gallon. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.

20


Rule 740.01

Rule 740.02

Rule 740.03

Rule 740.04

Rule 740.05

Rule 740.06

Rule 740.07

Rule 740.08

New York Ultra Low Sulfur Diesel (ULSD) Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the Platts New York ULSD (Barge) mean for each business day that it is
determined during the contract month.

Contract Quantity and Value
The contract quantity shall be 42,000 gallons. Each contract shall be valued as the
contract quantity (42,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per gallon. The minimum price
fluctuation shall be $0.0001 per gallon. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.


February 22, 2007

BY EMAIL AND FACSIMILE cee

Office of the Secretariat

Commodity Futures Trading Commission
Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: NYMEX Submission 07.24: Listing Ten New Diesel Swap Contracts
on NYMEX ClearPort®

Dear CFTC Commissioners:

The New York Mercantile Exchange, Inc. ("NYMEX" or the "Exchange") is notifying the
Commodity Futures Trading Commission (“CFTC” or “Commission”) of the listing of ten new
diesel-related futures contracts.

These new futures contracts will be listed on the NYMEX ClearPort® Trading and Clearing
system beginning at 6:00 PM on Sunday evening, February 25, 2007 for trade date Monday,
February 26. Each of these new futures contracts will be available during the normal trading
hours on NYMEX ClearPort® Trading and Clearing electronic trading platform.

All ten contracts are cash settled. These new contracts will be listed for 36 consecutive months
on a rolling basis.

Reporting levels and Positions Limits/Accountability levels for these contracts are provided in a
separate submission under separate cover. ;

The new contracts are as follows:

Qutright Contracts Code Contract Size Rule
Gulf Coast Low Sulfur Diesel (LSD) Swap LW 42,000 Gallons 737
Gulf Coast Ultra Low Sulfur Diesel (ULSD) Swap LY 42,000 Gallons 738
New York Low Sulfur Diesel (LSD) Swap YW = 42,000 Gallons 739
New York Ultra Low Sulfur Diesel (ULSD) Swap YS 42,000 Gallons 740
Spread Contracts Code Contract Size Rule
Gulf Coast Low Sulfur Diesel (LSD) Crack Spread Swap YK 1000 Barrels 741
Gulf Coast ULSD Crack Spread Swap GY 1000 Barrels 742
New York Low Sulfur Diesel (LSD) Crack Spread Swap UW _ 1000 Barrels 743
New York ULSD Crack Spread Swap YU ‘1000 Barrels 744
Up-Down Gulf Coast LSD vs. NYMEX HO Spread Swap YL 42,000 Gallons 745

Up-Down Gulf Coast ULSD vs. NYMEX HO Spread SwapLT = 42,000 Gallons 746


Rule 741.08

Rule 741.09

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.

Disclaimer

Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.

13


Rule 741.01

Rule 741.02

Rule 741.03

Rule 741.04

Rule 741.05

Rule 741.06

Rule 741.07

Gulf Coast Low Sulfur Diesel (LSD) Crack Spread Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the of the high and low quotations from Platts Oilgram Price Report for U.S. Gulf
Coast LS Diesel (pipeline) minus the NYMEX Light Sweet Crude Oil Futures
first nearby contract month settlement price for each business day that both are
determined during the contract month.

For purposes of determining the Floating Price, the Platts U.S. Gulf Coast LS
Diesel pipeline mean will be converted each day to U.S. dollars and cents per
barrel, rounded to the nearest cent.

Contract Quantity and Value
The contract quantity shall be 1,000 U.S. barrels. Each contract shall be valued as
the contract quantity (1,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per barrel. The minimum price
fluctuation shall be $0.01 per barrel. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

12


Rule 739.09 Disclaimer
Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.


Rule 746.09 Disclaimer
Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN. :

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.

23


Rule 737.09 Disclaimer
Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.


Rule 743.01

Rule 743.02

Rule 743.03

Rule 743.04

Rule 743.05

Rule 743.06

Rule 743.07

New York Low Sulfur Diesel (LSD) Crack Spread Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the of the high and low quotations from Platts Oilgram Price Report for New York
LS Diesel (Barge) minus the NYMEX Light Sweet Crude Oil Futures first nearby
contract month settlement price for each business day that both are determined
during the contract month.

For purposes of determining the Floating Price, the Platts U.S. Gulf Coast LS
Diesel pipeline mean will be converted each day to U.S. dollars and cents per
barrel, rounded to the nearest cent.

Contract Quantity and Value
The contract quantity shall be 1,000 U.S. barrels. Each contract shall be valued as
the contract quantity (1,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per barrel. The minimum price
fluctuation shall be $0.01 per barrel. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.


Rule 744.01

Rule 744.02

Rule 744.03

Rule 744.04

Rule 744.05

Rule 744.06

Rule 744.07

New York Ultra Low Sulfur Diesel (ULSD) Crack Spread Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the of the high and low quotations from Platts Oilgram Price Report for New York
ULSD (Barge) minus the NYMEX Light Sweet Crude Oil Futures first nearby
contract month settlement price for each business day that both are determined
during the contract month.

For purposes of determining the Floating Price, the Platts U.S. Gulf Coast LS
Diesel pipeline mean will be converted each day to U.S. dollars and cents per
barrel, rounded to the nearest cent.

Contract Quantity and Value
The contract quantity shall be 1,000 U.S. barrels. Each contract shall be valued as
the contract quantity (1,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per barrel. The minimum price
fluctuation shall be $0.01 per barrel. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

18


Rule 737.01

Rule 737.02

Rule 737.03

Rule 737.04

Rule 737.05

Rule 737.06

Rule 737.07

Rule 737.08

Gulf Coast Low Sulfur Diesel (LSD) Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of:
the Platts U.S. Gulf Coast LS Diesel pipeline mean for each business day that it is
determined during the contract month.

Contract Quantity and Value
The contract quantity shall be 42,000 gallons. Each contract shall be valued as the
contract quantity (42,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per gallon. The minimum price
fluctuation shall be $0.0001 per gallon. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.


The minimum tick. size is $0.0001 per gallon for the four contracts of 42,000 gallon size, and
$0.01 per barrel for the six contracts of 1000 barrels contract size.

Pursuant to Section Sc(c) of the Commodity Exchange Act (“Act”) and CFTC Rules 40.2 and
40.6, the Exchange hereby certifies that the attached contracts all comply with the Act, including
regulations under the Act. Should you have any questions concerning the above, please contact
the undersigned at (212) 299-2610 or Daniel Brusstar at (212) 299-2604.

Very truly yours,

Robert A. Levin
Senior Vice President, Research

Attachments: contract terms and conditions.


Rule 742.01

Rule 742.02

Rule 742.03

Rule 742.04

Rule 742.05

Rule 742.06

Rule 742.07

Gulf Coast Ultra Low Sulfur Diesel (ULSD) Crack Spread Swap

Scope
The provisions of these rules shall apply to all contracts bought or sold on the
Exchange for cash settlement based on the Floating Price.

Floating Price

The Floating Price for each contract month is equal to the arithmetic average of
the of the high and low quotations from Platts Oilgram Price Report for U.S. Gulf
Coast ULSD (pipeline) minus the NYMEX Light Sweet Crude Oil Futures first
nearby contract month settlement price for each business day that both are
determined during the contract month.

For purposes of determining the Floating Price, the Platts U.S. Gulf Coast LS
Diesel pipeline mean will be converted each day to U.S. dollars and cents per
barrel, rounded to the nearest cent.

Contract Quantity and Value
The contract quantity shall be 1,000 U.S. barrels. Each contract shall be valued as
the contract quantity (1,000) multiplied by the settlement price.

Contract Months
Trading shall be conducted in contracts in such months as shall be determined by
the Board of Directors.

Prices and Fluctuations

Prices shall be quoted in U.S. dollars and cents per barrel. The minimum price
fluctuation shall be $0.01 per barrel. There shall be no maximum price
fluctuation.

Termination of Trading
Trading shall cease on the last business day of the contract month.

Final Settlement

Delivery under the contract shall be by cash settlement. Final settlement,
following termination of trading for a contract month, will be based on the
Floating Price. The final settlement price will be the Floating Price calculated for
each contract month.


Rule 743.08

Rule 743.09

Exchange Of Futures For, Or In Connection With Product And Exchange Of
Futures For, Or In Connection With Swap Transactions

Any Exchange of Futures for, or in Connection with Product (EFP) or Exchange
of Futures for, or in Connection with Swap Transactions (EFS) shall be governed
by the provisions of Rules 6.21B and 6.21C, respectively.

Disclaimer

Platts, a division of The McGraw-Hill Companies, Inc. (“Platts”), licenses
The New York Mercantile Exchange (“NYMEX”) to use various Platts’ price
assessments in connection with the trading of the contracts.

NEITHER NYMEX NOR PLATTS GUARANTEES THE ACCURACY
AND/OR COMPLETENESS OF THE ASSESSMENT OR ANY OF THE DATA
INCLUDED THEREIN.

NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AS TO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY
FROM USE OF THE ASSESSMENT, TRADING BASED ON THE
ASSESSMENT, OR ANY DATA INCLUDED THEREIN IN CONNECTION
WITH THE TRADING OF THE CONTRACTS, OR, FOR ANY OTHER USE.
NYMEX AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED,
AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO
THE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT
LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX OR
PLATTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING
LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.