SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested 

Registered Entity Identifier Code (optional): 22-554

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): 12/16/22 Filing Description: Amendments to the Listing Schedule 

of Four (4) Urals Crude Oil Related (Platts) Futures Contracts and the Temporary 

Suspension of Trading and Clearing of the Previously Listed Contract Months

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

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Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

December 16, 2022

VIA ELECTRONIC PORTAL

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

Commodity Future Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, DC 20581

Re: CFTC Regulation 40.6(a) Certification. Amendments to the Listing Schedule of Four

(4) Urals Crude Oil Related (Platts) Futures Contracts and the Temporary 

Suspension of Trading and Clearing of the Previously Listed Contract Months.

NYMEX Submission No. 22-554

Dear Mr. Kirkpatrick:

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

Trading Commission (“CFTC” or “Commission”) amendments to the listing schedule for four (4) Urals crude 

oil related (Platts) futures contracts (the “Contracts”) such that the Exchange shall cease listing additional 

contract months as noted in the table below effective on Wednesday, January 4, 2023.

S&P Global Platts (“Platts”) has advised that its delivered European prices will now be assessed off the 

trading on a FOB basis and will apply a freight price, referred to as a freight net forward to set the value of 

the delivered Urals crude in Europe.

Contract Title Commodity 

Code

Rulebook 

Chapter Listing Schedule and Impacted 

Contract Months

Urals North (Platts) vs Dated Brent 

(Platts) CFD BALMO Futures UNB 1215 Monthly contracts listed for 3 consecutive months

Urals Med (Platts) vs Dated Brent 

(Platts) CFD BALMO Futures UMB 1214 Monthly contracts listed for 3 consecutive months

Urals North (Platts) vs Dated Brent 

(Platts) CFD Futures UNS 227

Monthly contracts listed for the 

current year plus an additional 2 

calendar years

Urals Med (Platts) vs Dated Brent 

(Platts) CFD Futures UMD 226

Monthly contracts listed for the 

current year plus an additional 2 

calendar years

Therefore, effective immediately NYMEX will suspend trading and clearing of the Contracts until further 

notice (collectively, the “Rule Amendments”). There is no open interest in the Contracts.

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

the Commodity Exchange Act (“CEA”) and identified that the Rule Amendments may have some bearing 

on the following Core Principles:

• Availability of General Information: The Exchange will make publicly available the details of the 

Rule Amendments by publishing a Special Executive Report (“SER”) to the marketplace. The SER 

will be available on CME Group’s website. 
300 Vesey Street New York, NY 10282 T 212 299 2200 F 212 301 4645 christopher.bowen@cmegroup.com cmegroup.com

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• Prevention of Market Disruption: Following the period of suspension, trading in the Contracts

will continue to be subject to the rules of the Exchange, which include prohibitions on manipulation, 

price distortion, and disruption to the cash settlement process. 

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

Amendments comply with the Act, including all regulations under the Act. 

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. 

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

or e-mail CMEGSubmissionInquiry@cmegroup.com.

Sincerely,

/s/Christopher Bowen

Managing Director and Chief Regulatory Counsel