SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested

Registered Entity Identifier Code (optional): 14-283 (1 of 3)

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): August 11, 2014 Filing Description: Delisting of One (1) 

Natural Gas Contract.

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

Official Product Name: 

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: Texas Gas, Zone SL Natural Gas (Platts Gas 

Daily) Swing Futures

Rule Numbers: NYMEX Chapter 679
1 North End Avenue New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

1

Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

August 11, 2014

VIA ELECTRONIC PORTAL

Ms. Melissa Jurgens

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. Notification Regarding the Delisting 

of One (1) Natural Gas Futures Contract.

NYMEX Submission No. 14-283 (1 of 3)

Dear Ms. Jurgens,

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

Trading Commission (“CFTC” or “Commission”) that it is self-certifying the delisting of one (1) natural gas

futures contract effective immediately, as set out in the table below:

Product Name

Clearing 

Code

Rulebook 

Chapter

Texas Gas, Zone SL Natural Gas (Platts Gas Daily) Swing Futures J7 679

This contract will be delisted from CME Globex, CME ClearPort and Open Outcry, the venues on which it 

is currently listed. There is no open interest in this contract. 

NYMEX business staff responsible for the delisting of the contract and the NYMEX Legal Department 

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

Commodity Exchange Act (“CEA” or “Act”). During the review, NYMEX staff identified that the delisting of 

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

 Emergency Authority: There is no open interest in this contract, and therefore there will be no 

market disruption related to its delisting.

 Availability of General Information: Notice will be made of the contract’s delisting, and upon 

delisting, the terms and conditions of this contract will no longer be available to the marketplace.

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

delisting of this contract complies with the Act, including regulations under the Act. There were no 

substantive opposing views to this proposal.

The Exchange certifies that this submission has been concurrently posted on the Exchange’s website at

http://www.cmegroup.com/market-regulation/rule-filings.html.
1 North End Avenue New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

2

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

or via e-mail at Christopher.Bowen@cmegroup.com.

Sincerely,

/s/ Christopher Bowen

Managing Director and Chief Regulatory Counsel

Attachments:

Appendix A – Amendments to NYMEX Position Limit Table (under separate cover)

Appendix B – NYMEX Rulebook Revision
3

Appendix A

Amendments to NYMEX Chapter 5 Position Limit Table

(Attached under separate cover)
4

Appendix B

NYMEX Rulebook

(strikethrough indicates deletion)

Chapter 679

Texas Gas, Zone SL Natural Gas (Platts Gas Daily) Swing Futures

679.1. 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.

679.2. FLOW DATE

"Flow Date" shall mean a calendar day that corresponds to a contract day and will serve as the 

reference day for determining the Floating Price.

"Publication Date" shall mean the date that Platts Gas Daily publishes the Midpoint price for the Flow

Date that corresponds to the contract day.

679.3. FLOATING PRICE

The Floating Price for each contract day is equal to the Platts Gas Daily Texas Gas, Zone SL Midpoint.

The Platts Gas Daily Midpoint to be used can be found in the Platts Gas Daily publication under table 

titled “Daily Price Survey”.

679.4. CONTRACT QUANTITY AND VALUE

The contract quantity shall be 2,500 MMBtu (million British thermal units).

Each futures contract shall be valued as the contract quantity multiplied by the settlement price.

679.5. CONTRACT DAYS

Transactions shall be conducted in such days as shall be determined by the Exchange

679.6. PRICES AND FLUCTUATIONS

Prices shall be quoted in U.S. dollars and cents per MMBtu. The minimum price fluctuation shall be

$0.0001 per MMBtu. There shall be no maximum price fluctuation.

679.7. TERMINATION OF TRADING

Trading shall cease on the business day prior to the scheduled Publication Date..

679.8. FINAL SETTLEMENT

Delivery under the contract shall be by cash settlement. Final settlement, following termination of 

trading for a contract day, will be based on the Floating Price. The final settlement price will be the 

Floating Price calculated for each contract day, provided, however, that in the event that the Floating

Price is not available to the Exchange for any reason, the Exchange, based on the best information

available to it at the time, will determine a final settlement price, which in the judgment of staff, is

intended to serve as the best substitute for the Floating Price.

679.9. RESERVED

679.10. DISCLAIMER
5

Platts, a division of The McGraw-Hill Companies, Inc. ("Platts"), licenses the New York Mercantile 

Exchange, Inc. ("NYMEX") to use various Platts' price assessments in connection with the trading or

posting of the contracts.

NEITHER NYMEX, ITS AFFILIATES NOR PLATTS GUARANTEES THE ACCURACY AND/OR 

COMPLETENESS OF THE INDEX OR ANY OF THE DATA INCLUDED THEREIN.

NYMEX, ITS AFFILIATES AND PLATTS MAKE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO

THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY FROM USE OF THE INDEX,

TRADING BASED ON THE INDEX, OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH 

THE TRADING OF THIS CONTRACT, OR, FOR ANY OTHER USE.

NYMEX, ITS AFFILIATES 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 INDEX OR ANY DATA INCLUDED THEREIN.

WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL NYMEX, ITS AFFILIATES 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.