SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 23-409

Organization: New York Mercantile Exchange, Inc. ("NYMEX")

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): 10/10/23 Filing Description: Expansion of the Listing Schedule of

the WTI Houston (Argus) vs. WTI Trade Month Average Price Option and the WTI Midland 

(Argus) vs. WTI Trade Month Average Price Option

SPECIFY FILING TYPE 

Please note only ONE choice allowed per Submission.

Organization Rules and Rule Amendments

Certification § 40.6(a)

Approval § 40.5(a)

Notification § 40.6(d)

Advance Notice of SIDCO Rule Change § 40.10(a)

SIDCO Emergency Rule Change § 40.10(h)

Rule Numbers: 

New Product Please note only ONE product per Submission.

Certification § 40.2(a) 

Certification Security Futures § 41.23(a)

Certification Swap Class § 40.2(d)

Approval § 40.3(a)

Approval Security Futures § 41.23(b)

Novel Derivative Product Notification § 40.12(a)

Swap Submission § 39.5

Product Terms and Conditions (product related Rules and Rule Amendments)

Certification § 40.6(a) 

Certification Made Available to Trade Determination § 40.6(a)

Certification Security Futures § 41.24(a)

Delisting (No Open Interest) § 40.6(a) 

Approval § 40.5(a)

Approval Made Available to Trade Determination § 40.5(a)

Approval Security Futures § 41.24(c)

Approval Amendments to enumerated agricultural products § 40.4(a), § 40.5(a)

“Non-Material Agricultural Rule Change” § 40.4(b)(5)

Notification § 40.6(d)

Official Name(s) of Product(s) Affected: See filing.

Rule Numbers: See filing.
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

1

Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

October 10, 2023

VIA ELECTRONIC PORTAL

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: CFTC Regulation 40.6(a) Certification. Expansion of the Listing Schedule of the WTI 

Houston (Argus) vs. WTI Trade Month Average Price Option and the WTI Midland 

(Argus) vs. WTI Trade Month Average Price Option

NYMEX Submission No. 23-409

Dear Mr. Kirkpatrick:

New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) is certifying to the Commodity Futures 

Trading Commission (“CFTC” or “Commission”) the expansion of the listing schedule of the WTI Houston 

(Argus) vs. WTI Trade Month Average Price Option and the WTI Midland (Argus) vs. WTI Trade Month 

Average Price Option contracts (“the Contracts”) for trading on the CME Globex electronic trading platform 

(“CME Globex”) and for submission for clearing via CME ClearPort effective Sunday November 5, 2023, 

for trade date Monday, November 6, 2023, as more specifically described in the table below.

Contract Title Rulebook 

Chapter

Commodity 

Code Current Listing Schedule Expanded Listing Schedule

WTI Houston 

(Argus) vs. WTI 

Trade Month 

Average Price 

Option

1225 HTO

Monthly contracts listed for 

the current year and the next 

3 calendar years. Monthly 

contracts for a new calendar 

year will be added following 

the termination of trading in 

the December contract of 

the current year.

Monthly contracts listed for the 

current year and the next 4

calendar years. Monthly 

contracts for a new calendar 

year will be added following 

the termination of trading in 

the December contract of the 

current year.

WTI Midland 

(Argus) vs. WTI 

Trade Month 

Average Price 

Option

1229 WTO Monthly contracts listed for 

30 consecutive months

Monthly contracts listed for 

the current year and the 

next 4 calendar years. 

Monthly contracts for a new 

calendar year will be added 

following the termination of 

trading in the December 

contract of the current year.
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

2

The Exchange reviewed the designated contract market core principles (“Core Principles”) as set forth in 

the Commodity Exchange Act (“CEA” or “Act”) and identified that the expansion of the listing schedule of 

the Contracts may have some bearing on the following Core Principles:

• Availability of General Information: NYMEX will issue a Special Executive Report (“SER”) to the

marketplace regarding the expansion of the listing schedule of the Contracts . The SER will also 

be posted on the CME Group website. 

• Daily Publication of Trading Information: NYMEX will continue to comply with this Core 

Principle by making public daily information on settlement prices, volume, open interest, and 

opening and closing ranges for the Contracts which will be published daily on the Exchange’s 

website.

• Compliance with Rules: The Exchange shall continue its normal practice to establish, monitor, 

and enforce compliance with the rules of the Contracts, including the expansion of the listing 

schedule of the Contracts. 

• Execution of Transactions: The Exchange will continue its current practice of providing a 

competitive, open, and efficient market mechanism for executing transactions in the Contracts, 

including the expansion of the listing schedule of the Contracts.

Pursuant to Section 5c(c) of the Act and CFTC Regulations 40.6(a), the Exchange hereby certifies that the 

expansion of the listing schedule of the Contracts comply with the Act, including regulations under the Act. 

There were no substantive opposing views to the proposal.

The Exchange certifies that this submission has been concurrently posted on the CME Group website at 

http://www.cmegroup.com/market-regulation/rule-filings.html.

Should you have any questions concerning the above, please contact the undersigned at (212) 299-2200 

or via e-mail at CMEGSubmissionInquiry@cmegroup.com.

Sincerely, 

/s/ Christopher Bowen

Managing Director and Chief Regulatory Counsel