Common use of NYMEX Globex Contracts Clause in Contracts

NYMEX Globex Contracts. 3.1.1. Required NYMEX Mini Contracts. NYMEX Mini Contracts on light, sweet crude oil, natural gas, heating oil, gasoline shall be listed for trading on Globex on Launch Date 1. Each of the foregoing NYMEX Mini Contracts (i) must be listed during both daytime and night-time trading hours, and (ii) shall continue to be listed for trading on Globex during the Term unless and until a Qualifying NYMEX Contract on the same underlying commodity is listed for trading on Globex (at which point NYMEX may but need not delist the NYMEX Mini Contract).

Appears in 4 contracts

Samples: Cross Margining Agreement (Nymex Holdings Inc), Cross Margining Agreement (Chicago Mercantile Exchange Holdings Inc), Cross Margining Agreement (Nymex Holdings Inc)

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