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NYMEX Division
CME Globex® Listed Financially-Settled & miNY™ Futures
COMEX Division
NYMEX ClearPort®

Tier Requirements

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NYMEX Division Margin Requirements
Commodity Outright Margins Additional Spot Month Assessment Intra/Inter Commodity Straddle Margins
Symbol Name Clearing Member/ Maintenance Member/Hedger Customer Initial Non-Member/Non-Hedger Customer Initial Tier 1 Tier 2 Tier 3 Tier 4 Tier 5 Tier 6 Tier 7 Tier 8 Tier 9
CL Crude Oil (Tier 1)
$5,750
$5,750
$7,763
$3,0001 N/A $1,250 $1,250 $2,000 N/A N/A N/A N/A N/A
CL Crude Oil (Tier 2)
$5,750
$5,750
$7,763
$3,0001 N/A $1,000 $1,000 $1,600 N/A N/A N/A N/A N/A
CL Crude Oil (Tier 3)
$5,750
$5,750
$7,763
$3,0001 N/A N/A $1,000 $1,000 N/A N/A N/A N/A N/A
CL Crude Oil (Tier 4)
$5,750
$5,750
$7,763
$3,0001 N/A N/A N/A $1,500 N/A N/A N/A N/A N/A
CS WTI Calendar Swap
$5,750
$5,750
$7,763
N/A $725 $625 $500 $500 N/A N/A N/A N/A N/A
WS Crude Oil
$5,750
$5,750
$7,763
N/A $725 $625 $500 $500 N/A N/A N/A N/A N/A
NG Natural Gas (Tier 1)
$5,000
$5,000
$6,750
$3,0001 N/A $250 $500 $800 $600 $1,000 $1,000 $1,000 $500
NG Natural Gas (Tier 2)
$4,750
$4,750
$6,413
N/A N/A N/A $500 $950 $1,000 $1,000 $1,000 $1,000 $1,000
NG Natural Gas (Tier 3) $4,500 $4,500 $6,075 N/A N/A N/A $500 $750 $1,000 $1,000 $1,000 $1,000 $1,000
NG Natural Gas (Tier 4) $4,500 $4,500 $6,075 N/A N/A N/A N/A $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
NG Natural Gas (Tier 5) $4,250 $4,250 $5,738 N/A N/A N/A N/A N/A $700 $950 $900 $750 $850
NG Natural Gas (Tier 6)
$4,000
$4,000
$5,400
N/A N/A N/A N/A N/A N/A $500 $500 $500 $500
NG Natural Gas (Tier 7)
$3,750
$3,750
$5,063
N/A N/A N/A N/A N/A N/A N/A $500 $500 $550
NG Natural Gas (Tier 8) $3,500 $3,500 $4,725 N/A N/A N/A N/A N/A N/A N/A N/A $500 $500
NG Natural Gas (Tier 9) $3,500 $3,500 $4,725 N/A N/A N/A N/A N/A N/A N/A N/A N/A $500
HO Heating Oil (Tier 1)
$6,750
$6,750
$9,113
$3,0001 N/A $250 $500 $500 N/A N/A N/A N/A N/A
HO Heating Oil (Tier 2)
$6,500
$6,500
$8,775
N/A N/A N/A $300 $300 N/A N/A N/A N/A N/A
HO Heating Oil (Tier 3)
$6,500
$6,500
$8,775
N/A N/A N/A $300 $300 N/A N/A N/A N/A N/A
HO Heating Oil (Tier 4)
$6,000
$6,000
$8,100
N/A N/A N/A N/A $200 N/A N/A N/A N/A N/A
RB RBOB Gasoline (Tier 1)
$6,500
$6,500
$8,775
$3,0001 N/A $250 $500 $250 N/A N/A N/A N/A N/A
RB RBOB Gasoline (Tier 2)
$6,000
$6,000
$8,100
N/A N/A N/A $500 $500 N/A N/A N/A N/A N/A
RB RBOB Gasoline (Tier 3)
$6,250
$6,250
$8,438
N/A N/A N/A $400 $400 N/A N/A N/A N/A N/A
RB RBOB Gasoline (Tier 4)
$5,500
$5,500
$7,425
N/A N/A N/A N/A $500 N/A N/A N/A N/A N/A
RE
Russian Export Blend Crude Oil (REBCO)
$6,500
$6,500
$8,775
N/A $400 $250 $150 $100 N/A N/A N/A N/A N/A
PN Propane Gas $3,250 $3,250 $4,388 $3,0001 $400 $250 N/A N/A N/A N/A N/A N/A N/A
QL CAPP Coal $11,000 $11,000 $14,850 $3,0001 $400 $250 $150 $100 N/A N/A N/A N/A N/A
QP PRB Coal Swap
$700
$700
$945
N/A $400 $250 $150 $100 N/A N/A N/A N/A N/A
QX CSX Coal Swap $7,000 $7,000 $9,450 N/A $250 N/A N/A N/A N/A N/A N/A N/A N/A
PL Platinum
$4,500
$4,500
$6,075
$1,0002 $500 $300 N/A N/A N/A N/A N/A N/A N/A
PA Palladium
$2,750
$2,750
$3,713
$1,0002 $500 $300 N/A N/A N/A N/A N/A N/A N/A
CH Heating Oil Crack Spread Options $600 $600 $810 N/A $200 $100 N/A N/A N/A N/A N/A N/A N/A
QE New York Harbor Ethanol
$5,500
$5,500
$7,425
$3,0005 $400 N/A N/A N/A N/A N/A N/A N/A N/A

CME Globex® Listed, Financially-Settled, & miNY™ Futures
Commodity Outright Margins Additional Spot Month Assessment Intra/Inter Commodity Straddle Margins
Symbol Name Clearing Member/ Maintenance Member/Hedger Customer Initial Non-Member/Non-Hedger Customer Initial Tier 1 Tier 2 Tier 3 Tier 4 Tier 5 Tier 6 Tier 7 Tier 8 Tier 9
HR U.S. Midwest Domestic Hot-Rolled Coil Steel
$950
$950
$1,283
N/A $100 N/A N/A N/A N/A N/A N/A N/A N/A
UX Uranium
$2,000
$2,000
$2,700
N/A $500 N/A N/A N/A N/A N/A N/A N/A N/A
QM NYMEX miNY™ Crude Oil
$2,875 $2,875 $3,881 N/A $375 $313 $250 $250 N/A N/A N/A N/A N/A
BB Brent Crude Oil $6,500 $6,500 $8,775 N/A $450 $400 $300 $300 N/A N/A N/A N/A N/A
BZ Brent Crude Oil - Last Day $6,500 $6,500 $8,775 N/A $450 $400 $300 $300 N/A N/A N/A N/A N/A
CY Brent Crude Oil $6,500 $6,500 $8,775 N/A $450 $400 $300 $300 N/A N/A N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 1)
$1,250
$1,250
$1,688
N/A $188 N/A N/A N/A N/A N/A N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 2)
$1,188
$1,188
$1,603
N/A N/A $125 N/A N/A N/A N/A N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 3)
$1,125
$1,125
$1,519
N/A N/A N/A $125 N/A N/A N/A N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 4)
$1,125
$1,125
$1,519
N/A N/A N/A N/A $125 N/A N/A N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 5) $1,063 $1,063 $1,434 N/A N/A N/A N/A N/A $125 N/A N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 6) $1,000 $1,000 $1,350 N/A N/A N/A N/A N/A N/A $125 N/A N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 7) $938 $938 $1,266 N/A N/A N/A N/A N/A N/A N/A $125 N/A N/A
QG NYMEX miNY™ Natural Gas (Tier 8) $875 $875 $1,181 N/A N/A N/A N/A N/A N/A N/A N/A $125 N/A
QG NYMEX miNY™ Natural Gas (Tier 9) $875 $875 $1,181 N/A N/A N/A N/A N/A N/A N/A N/A N/A $63
QH NYMEX miNY™ Heating Oil (Tier 1)
$3,125
$3,125
$4,219
N/A $125 N/A N/A N/A N/A N/A N/A N/A N/A
QH NYMEX miNY™ Heating Oil (Tier 2)
$3,000
$3,000
$4,050
N/A N/A $75 N/A N/A N/A N/A N/A N/A N/A
QH NYMEX miNY™ Heating Oil (Tier 3)
$3,000
$3,000
$4,050
N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
QH NYMEX miNY™ Heating Oil (Tier 4)
$2,875
$2,875
$3,881
N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
RT RBOB Gasoline (Tier 1)
$7,000
$7,000
$9,450
N/A $250 N/A N/A N/A N/A N/A N/A N/A N/A
RT RBOB Gasoline (Tier 2)
$6,500
$6,500
$8,775
N/A N/A $250 N/A N/A N/A N/A N/A N/A N/A
RT RBOB Gasoline (Tier 3)
$6,750
$6,750
$9,113
N/A N/A N/A $200 N/A N/A N/A N/A N/A N/A
RT RBOB Gasoline (Tier 4)
$6,000
$6,000
$8,100
N/A N/A N/A N/A $250 N/A N/A N/A N/A N/A
LR Gulf Coast Gasoline
$6,500
$6,500
$8,775
$3,000 $500 N/A N/A N/A N/A N/A N/A N/A N/A
LU Gulf Coast Ultra Low Sulfur Diesel (ULSD)
$6,500
$6,500
$8,775
$3,000 $480 N/A N/A N/A N/A N/A N/A N/A N/A
QU NYMEX miNY™ Gasoline (Tier 1)
$3,500
$3,500
$4,725
N/A $125 N/A N/A N/A N/A N/A N/A N/A N/A
QU NYMEX miNY™ Gasoline (Tier 2)
$3,250
$3,250
$4,388
N/A N/A $125 N/A N/A N/A N/A N/A N/A N/A
QU NYMEX miNY™ Gasoline (Tier 3)
$3,375
$3,375
$4,556
N/A N/A N/A $100 N/A N/A N/A N/A N/A N/A
QU NYMEX miNY™ Gasoline (Tier 4)
$3,000
$3,000
$4,050
N/A N/A N/A N/A $125 N/A N/A N/A N/A N/A
QC COMEX miNY™ Copper $2,875 $2,875 $3,882 N/A $40 N/A N/A N/A N/A N/A N/A N/A N/A
QO COMEX miNY™ Gold $2,000 $2,000 $2,699 N/A $25 N/A N/A N/A N/A N/A N/A N/A N/A
QI COMEX miNY™ Silver $3,000 $3,000 $4,050 N/A $40 N/A N/A N/A N/A N/A N/A N/A N/A
QS COMEX Asian Gold $1,286 $1,286 $1,736 N/A $20 N/A N/A N/A N/A N/A N/A N/A N/A
QR NYMEX Asian Platinum $1,447 $1,447 $1,953 N/A $160 N/A N/A N/A N/A N/A N/A N/A N/A
QT NYMEX Asian Palladium
$442
$442
$597
N/A $80 N/A N/A N/A N/A N/A N/A N/A N/A
CJ NYMEX Cocoa
$3,000
$3,000
$4,050
N/A $150 N/A N/A N/A N/A N/A N/A N/A N/A
KT NYMEX Coffee
$4,000
$4,000
$5,400
N/A $150 N/A N/A N/A N/A N/A N/A N/A N/A
TT NYMEX Cotton $2,000 $2,000 $2,700 N/A $300 N/A N/A N/A N/A N/A N/A N/A N/A
YO NYMEX Sugar #11
$1,200
$1,200
$1,620
N/A $200 N/A N/A N/A N/A N/A N/A N/A N/A
XC NYMEX Crude Oil MACI Index
$1,150
$1,150
$1,552
N/A
XK NYMEX Crude Oil Backwardation/Contango Index $200 $200 $270 N/A

COMEX Division Margin Requirements
Commodity Outright Margins Intra-Commodity / Inter-Month Spreads
Symbol Name Clearing Member/ Maintenance Member/Hedger Customer Initial Non-Member/Non-Hedger Customer Initial Clearing Member/ Maintenance Member/Hedger Customer Initial Non-Member/Non-Hedger Customer Initial
AL Aluminum $2,250 $2,250 $3,038 $80 $80 $108
HG Copper $5,750 $5,750 $7,763 $80 $80 $108
GC Gold $3,999 $3,999 $5,399 $50 $50 $68
SI Silver $6,000 $6,000 $8,100 $80 $80 $108
8Q E-mini Gold $1,333 $1,333 $1,800 $17 $17 $23
6Q E-mini Silver $1,200 $1,200 $1,620 $30 $30 $41


NYMEX ClearPort® Margin Requirements
Commodity Outright Margins Additional Spot Month Assessment
3, 4
Intra-Commodity / Inter-Month Spreads
Symbol Name Clearing Member/ Maintenance Member/Hedger Customer Initial Non-Member/Non-Hedger Customer Initial Clearing Member/ Maintenance Member/Hedger Customer Initial Non-Member/Non-Hedger Customer Initial

Natural Gas Markets
NN Henry Hub Swap (Tier 1)
$1,250
$1,250
$1,688
$750 $188 $206 $253
NN Henry Hub Swap (Tier 2)
$1,188
$1,188
$1,603
N/A $125 $138 $169
NN Henry Hub Swap (Tier 3)
$1,125
$1,125
$1,519
N/A $125 $138 $169
NN Henry Hub Swap (Tier 4)
$1,125
$1,125
$1,519
N/A $125 $138 $169
NN Henry Hub Swap (Tier 5) $1,063 $1,063 $1,434 N/A $125 $138 $169
NN Henry Hub Swap (Tier 6) $1,000 $1,000 $1,350 N/A $125 $138 $169
NN Henry Hub Swap (Tier 7) $938 $938 $1,266 N/A $125 $138 $169
NN Henry Hub Swap (Tier 8) $875 $875 $1,181 N/A $125 $138 $169
NN Henry Hub Swap (Tier 9) $875 $875 $1,181 N/A $63 $69 $84
NP Henry Hub Penultimate Swap (Tier 1)
$1,250
$1,250
$1,688
N/A $188 $206 $253
NP Henry Hub Penultimate Swap (Tier 2)
$1,188
$1,188
$1,603
N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 3)
$1,125
$1,125
$1,519
N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 4)
$1,125
$1,125
$1,519
N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 5) $1,063 $1,063 $1,434 N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 6) $1,000 $1,000 $1,350 N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 7) $938 $938 $1,266 N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 8) $875 $875 $1,181 N/A $125 $138 $169
NP Henry Hub Penultimate Swap (Tier 9) $875 $875 $1,181 N/A $63 $69 $84
HP Natural Gas Penultimate (Tier 1)
$5,000
$5,000
$6,750
N/A
HP Natural Gas Penultimate (Tier 2)
$4,750
$4,750
$6,413
N/A
HP Natural Gas Penultimate (Tier 3) $4,500 $4,500 $6,075 N/A
HP Natural Gas Penultimate (Tier 4) $4,500 $4,500 $6,075 N/A
HP Natural Gas Penultimate (Tier 5) $4,250 $4,250 $5,738 N/A
HP Natural Gas Penultimate (Tier 6)
$4,000
$4,000
$5,400
N/A
HP Natural Gas Penultimate (Tier 7)
$3,750
$3,750
$5,063
N/A
HP Natural Gas Penultimate (Tier 8) $3,500 $3,500 $4,725 N/A
HP Natural Gas Penultimate (Tier 9) $3,500 $3,500 $4,725 N/A
HH Natural Gas Last Day (Tier 1)
$5,000
$5,000
$6,750
N/A
HH Natural Gas Last Day (Tier 2)
$4,750
$4,750
$6,413
N/A
HH Natural Gas Last Day (Tier 3) $4,500 $4,500 $6,075 N/A
HH Natural Gas Last Day (Tier 4) $4,500 $4,500 $6,075 N/A
HH Natural Gas Penultimate (Tier 5) $4,250 $4,250 $5,738 N/A
HH Natural Gas Last Day (Tier 6)
$4,000
$4,000
$5,400
N/A
HH Natural Gas Last Day (Tier 7)
$3,750
$3,750
$5,063
N/A
HH Natural Gas Last Day (Tier 8) $3,500 $3,500 $4,725 N/A
HH Natural Gas Last Day (Tier 9) $3,500 $3,500 $4,725 N/A
BH Heating Oil (Tier 1)
$6,250
$6,250
$8,438
N/A
$250
$275
$338
BH Heating Oil (Tier 2)
$6,000
$6,000
$8,100
N/A
$200
$220
$270
BH Heating Oil (Tier 3)
$6,000
$6,000
$8,100
N/A
$200
$220
$270
BH Heating Oil (Tier 4)
$5,750
$5,750
$7,763
N/A
$150
$165
$203
SN Henry Hub Swing Swap
$1,750
$1,750
$2,363
N/A $50 $55 $68
IN Henry Hub Index Swap (Tier 1)
$1,300
$1,300
$1,755
N/A $25 $28 $34
IN Henry Hub Index Swap (Tier 2)
$500
$500
$675
N/A $25 $28 $34
IN Henry Hub Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
V2 NYMEX Colombian Peso
$2,500
$2,500
$3,375
N/A
$250 $275 $338
CI CIG Rockies Swap (Tier 1) $1,800 $1,800 $2,430
N/A
$25 $28 $34
CI CIG Rockies Swap (Tier 2)
$1,000
$1,000
$1,350
N/A $25 $28 $34
CI CIG Rockies Swap (Tier 3)
$1,200
$1,200
$1,620
N/A $25 $28 $34
CI CIG Rockies Swap (Tier 4)
$1,000
$1,000
$1,350
N/A $25 $28 $34
CI CIG Rockies Swap (Tier 5)
$750
$750
$1,013
N/A $25 $28 $34
NW Waha Swap (Tier 1)
$800
$800
$1,080
N/A
$50 $50 $68
NW Waha Swap (Tier 2)
$600
$600
$810
N/A
$50 $50 $68
NW Waha Swap (Tier 3)
$400
$400
$540
N/A
$50 $50 $68
NW Waha Swap (Tier 4)
$500
$500
$675
N/A
$50 $50 $68
NW Waha Swap (Tier 5) $200 $200 $270
N/A
$50 $50 $68
SY Waha Swing Swap $3,000 $3,000 $4,050 N/A $50 $55 $68
IY Waha Index Swap (Tier 1) $2,300 $2,300 $3,105
 N/A
$25 $28 $34
IY Waha Index Swap (Tier 2) $500 $500 $675
 N/A
$25 $28 $34
IY Waha Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
NA Alberta Basis Swap (Tier 1)
$650
$650
$878
N/A $50 $50 $68
NA Alberta Basis Swap (Tier 2) $400 $400 $540 N/A $50 $50 $68
NA Alberta Basis Swap (Tier 3)
$300
$300
$405
N/A $50 $50 $68
NA Alberta Basis Swap (Tier 4)
$300
$300
$405
N/A $50 $50 $68
NA Alberta Basis Swap (Tier 5)
$200
$200
$270
N/A $50 $50 $68
B4 Algonquin City-gates Natural Gas Basis Swap
$1,000
$1,000
$1,350
N/A N/A N/A N/A
NB Chicago Basis Swap (Tier 1)
$700
$700
$945
N/A $25 $28 $34
NB Chicago Basis Swap (Tier 2)
$250
$250
$338
N/A $25 $28 $34
SS Chicago City Gate Swing Swap
$2,000
$2,000
$2,700
N/A $50 $55 $68
IS Chicago Index Swap (Tier 1)
$1,300
$1,300
$1,755
N/A $25 $28 $34
IS Chicago Index Swap (Tier 2)
$500
$500
$675
N/A $25 $28 $34
IS Chicago Index Swap (Tier 3)
$100
$100
$135
N/A $25 $28 $34
HB Henry Hub Basis Swap (Tier 1) $50 $50 $68 N/A $25 $28 $34
HB Henry Hub Basis Swap ( Tier 2) $50 $50 $68 N/A $25 $28 $34
NH Houston Ship Channel Basis Swap (Tier 1)
$500
$500
$675
N/A
$50 $50 $68
NH Houston Ship Channel Basis Swap (Tier 2) $150 $150 $203
N/A
$50 $50 $68
NH Houston Ship Channel Basis Swap (Tier 3) $150 $150 $203
N/A
$50 $50 $68
NH Houston Ship Channel Basis Swap (Tier 4)
$100
$100
$135
N/A
$50 $50 $68
NH Houston Ship Channel Basis Swap (Tier 5)
$100
$100
$135
N/A
$50 $50 $68
SM Houston Ship Channel Swing Swap
$2,000
$2,000
$2,700
N/A $50 $55 $68
IP Houston Ship Channel Index Swap (Tier 1)
$1,300
$1,300
$1,755
N/A $25 $28 $34
IP Houston Ship Channel Index Swap (Tier 2)
$500
$500
$675
N/A $25 $28 $34
IP Houston Ship Channel Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
NJ San Juan Basis Swap (Tier 1)
$1,000
$1,000
$1350
N/A
$25 $28 $34
NJ San Juan Basis Swap (Tier 2) $600 $600 $810
N/A
$25 $28 $34
NJ San Juan Basis Swap (Tier 3) $400 $400 $540
N/A
$25 $28 $34
NJ San Juan Basis Swap (Tier 4) $250 $250 $338
N/A
$25 $28 $34
NJ San Juan Basis Swap (Tier 5) $250 $250 $338
N/A
$25 $28 $34
IJ San Juan Index Swap (Tier 1) $2,300 $2,300 $3,105 N/A $25 $28 $34
SJ San Juan Swing Swap $3,000 $3,000 $4,050 N/A $100 $110 $135
NS SoCal Basis Swap (Tier 1)
$800
$800
$1080
N/A
$50 $50 $68
NS SoCal Basis Swap (Tier 2) $600 $600 $810 N/A $50 $50 $68
NS SoCal Basis Swap (Tier 3) $400 $400 $540
N/A
$50 $50 $68
NS SoCal Basis Swap (Tier 4)
$200
$200
$270
N/A $50 $50 $68
NS SoCal Basis Swap (Tier 5)
$200
$200
$270
N/A $50 $50 $68
IF SoCal Index Swap (Tier 1) $2,300 $2,300 $3,105 N/A $25 $28 $34
IF SoCal Index Swap (Tier 2) $500 $500 $675 N/A $25 $28 $34
IF SoCal Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
SF SoCal Swing Swap
$3,500
$3,500
$4,725
N/A $100 $110 $135
NZ Transco Zone 6 Basis Swap (Tier 1)
$800
$800
$1,080
N/A $50 $50 $68
NZ Transco Zone 6 Basis Swap (Tier 2)
$600
$600
$810
N/A
$50 $50 $68
NZ Transco Zone 6 Basis Swap (Tier 3)
$600
$600
$810
N/A
$50 $50 $68
NZ Transco Zone 6 Basis Swap (Tier 4) $500 $500 $675
N/A
$50 $50 $68
NZ Transco Zone 6 Basis Swap (Tier 5) $400 $400 $540
N/A
$50 $50 $68
IT Transco Zone 6 Index Swap (Tier 1) $4,000 $4,000 $5,400 N/A $25 $28 $34
IT Transco Zone 6 Index Swap (Tier 2) $500 $500 $675 N/A $25 $28 $34
IT Transco Zone 6 Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
ST Transco Zone 6 Swing Swap $8,500 $8,500 $11,475  N/A
$100
$110
$135
NR Northwest Pipeline, Rockies Basis Swap (Tier 1) $1,300 $1,300 $1,755
N/A
$50 $50 $68
NR Northwest Pipeline, Rockies Basis Swap (Tier 2)
$1,000
$1,000
$1,350
N/A
$50 $50 $68
NR Northwest Pipeline, Rockies Basis Swap (Tier 3)
$1,000
$1,000
$1,350
N/A
$50 $50 $68
NR Northwest Pipeline, Rockies Basis Swap (Tier 4)
$1,000
$1,000
$1,350
N/A $50 $50 $68
NR Northwest Pipeline, Rockies Basis Swap (Tier 5)
$1,000
$1,000
$1,350
N/A $50 $50 $68
IR Rockies Index Swap (Tier 1) $2,800 $2,800 $3,780 N/A $25 $28 $34
IR Rockies Index Swap (Tier 2)
$200
$200
$270
N/A $25 $28 $34
IR Rockies Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
NV Kern River, Wyoming Basis (Tier 1)
$2,300
$2,300
$3,105
N/A
$25 $28 $34
NV Kern River, Wyoming Basis (Tier 2)
$1,800
$1,800
$2,430
N/A
$25 $28 $34
NV Kern River, Wyoming Basis (Tier 3)
$1,500
$1,500
$2,025
N/A
$25 $28 $34
NV Kern River, Wyoming Basis (Tier 4)
$1,500
$1,500
$2,025
N/A $25 $28 $34
NV Kern River, Wyoming Basis (Tier 5)
$1,500
$1,500
$2,025
N/A $25 $28 $34
SR Kern Opal Swing Swap
$4,000
$4,000
$5,400
N/A $100 $110 $135
TA Questar Basis (Tier 1)
$900
$900
$1,215
N/A
$25 $28 $34
TA Questar Basis (Tier 2)
$325
$325
$439
N/A
$25 $28 $34
TA Questar Basis (Tier 3)
$300
$300
$405
N/A
$25 $28 $34
TA Questar Basis (Tier 4) $175 $175 $236 N/A $25 $28 $34
TA Questar Basis (Tier 5) $100 $100 $135 N/A $25 $28 $34
PH Panhandle Basis Swap (Tier 1)
$1,000
$1,000
$1,350
N/A
$50 $55 $68
PH Panhandle Basis Swap (Tier 2)
$600
$600
$810
N/A
$50 $55 $68
PH Panhandle Basis Swap (Tier 3)
$400
$400
$540
N/A
$50 $55 $68
PH Panhandle Basis Swap (Tier 4)
$200
$200
$270
N/A
$50 $55 $68
PH Panhandle Basis Swap (Tier 5)
$200
$200
$270
N/A
$50 $55 $68
SV Panhandle Swing Swap
$2,500
$2,500
$3,250
N/A $50 $55 $68
IV Panhandle Index Swap (Tier 1) $2,300 $2,300 $3,105 N/A $25 $28 $34
NF Michcon Basis (Tier 1)
$300
$300
$405
N/A
$25 $28 $34
NF Michcon Basis (Tier 2) $200 $200 $270 N/A $25 $28 $34
NF Michcon Basis (Tier 3) $200 $200 $270 N/A $25 $28 $34
Y8 Michcon Natural Gas Index Swap (Tier 1)
$1,300
$1,300
$1,755
N/A $25 $28 $34
Y8 Michcon Natural Gas Index Swap (Tier 2)
$500
$500
$675
N/A $25 $28 $34
Y8 Michcon Natural Gas Index Swap (Tier 3)
$100
$100
$135
N/A $25 $28 $34
PM Permian Basis (Tier 1)
$700
$700
$945
N/A
$50 $50 $68
PM Permian Basis (Tier 2)
$600
$600
$810
N/A
$50 $50 $68
PM Permian Basis (Tier 3) $500 $500 $675
N/A
$50 $50 $68
PM Permian Basis (Tier 4)
$300
$300
$405
N/A
$50 $50 $68
PM Permian Basis (Tier 5)
$250
$250
$338
N/A
$50 $50 $68
SL El Paso/Permian Swing Swap
$3,500
$3,500
$4,725
N/A $50 $55 $68
IL El Paso/Permian Index Swap (Tier 1) $2,300 $2,300 $3,105 N/A $25 $28 $34
IL El Paso/Permian Index Swap (Tier 2) $500 $500 $675 N/A $25 $28 $34
IL El Paso/Permian Index Swap (Tier 3) $200 $200 $270 N/A $25 $28 $34
NX Texas Eastern Zone M-3 Basis (Tier 1)
$750
$750
$1,013
N/A
$50 $50 $68
NX Texas Eastern Zone M-3 Basis (Tier 2)
$600
$600
$810
N/A
$50 $50 $68
NX Texas Eastern Zone M-3 Basis (Tier 3)
$500
$500
$675
N/A
$50 $50 $68
NX Texas Eastern Zone M-3 Basis (Tier 4) $300 $300 $405
N/A
$50 $50 $68
NX Texas Eastern Zone M-3 Basis (Tier 5) $200 $200 $270
N/A
$50 $50 $68
IX TETCO M-3 Index Swap (Tier 1) $6,000 $6,000 $8,100
 N/A
$25 $28 $34
IX  TETCO M-3 Index Swap (Tier 2)
$500
$500
$675
 N/A $25 $28 $34
IX  TETCO M-3 Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
SX  TETCO M-3 Swap Swing Swap
$11,000
$11,000
$14,850
 N/A
$100
$110
$135
TB Texas Gas, Zone SL Basis (Tier 1)
$300
$300
$405
 N/A
$25 $28 $34
TB Texas Gas, Zone SL Basis (Tier 2)
$100
$100
$135
N/A
$25 $28 $34
NQ Tennessee Zone 0 Basis (Tier 1)
$300
$300
$405
N/A
$25 $28 $34
NQ Tennessee Zone 0 Basis (Tier 2) $200 $200 $270
N/A
$25 $28 $34
Q4 Tennessee Zone 0 Natural Gas Index Swap
$1,800
$1,800 $2,430
N/A
$25 $28 $34
NM Tennessee 500 Leg Basis (Tier 1) $100 $100 $135
N/A
$50 $50 $68
NM Tennessee 500 Leg Basis (Tier 2) $100 $100 $135
N/A
$50 $50 $68
Y7 Tennessee 500 Leg Natural Gas Index Swap (Tier 1) $1,500 $1,500 $2,025
N/A
$25 $28 $34
Y7 Tennessee 500 Leg Natural Gas Index Swap (Tier 2) $500 $500 $675
N/A
$25 $28 $34
Y7 Tennessee 500 Leg Natural Gas Index Swap (Tier 3) $100 $100 $135
N/A
$25 $28 $34
Z8 CIG Rockies Natural Gas Index Swap (Tier 1) $4,500 $4,500 $6,075
N/A
$25 $28 $34
Z8 CIG Rockies Natural Gas Index Swap (Tier 2) $500 $500 $675
N/A
$25 $28 $34
Z8 CIG Rockies Natural Gas Index Swap (Tier 3) $100 $100 $135
N/A
$25 $28 $34
TC TCO Basis Swap (Tier 1)
$200
$200
$270
N/A
$50 $50 $68
TC TCO Basis Swap (Tier 2)
$125
$125
$169
N/A
$50 $50 $68
PB PG&E Malin Basis (Tier 1)
$750
$750
$1,013
N/A
$50 $50 $68
PB PG&E Malin Basis (Tier 2)
$650
$650
$878
N/A
$25 $28 $34
PB PG&E Malin Basis (Tier 3)
$550
$550
$743
N/A
$25 $28 $34
PC PG&E Citygate Basis (Tier 1)
$700
$700
$945
N/A
$25 $28 $34
PC PG&E Citygate Basis (Tier 2)
$400
$400
$540
N/A
$25 $28 $34
PC PG&E Citygate Basis (Tier 3)
$250
$250
$338
N/A
$25 $28 $34
IK PG&E Citygate Index (Tier 1)
$1,800
$1,800 $2,430 N/A $25 $28 $34
IK PG&E Citygate Index (Tier 2)
$400
$400
$540
N/A $25 $28 $34
IK PG&E Citygate Index (Tier 3) $100 $100 $135 N/A $25 $28 $34
SK PG&E Citygate Swing $2,300 $2,300 $3,105
N/A
$100 $110 $135
PD NGPL Tex/OK Basis (Tier 1)
$500
$500
$675
N/A
$50 $50 $68
PD NGPL Tex/OK Basis (Tier 2)
$250
$250
$338
N/A
$50 $50 $68
PD NGPL Tex/OK Basis (Tier 3) $300 $300 $405
N/A
$50 $50 $68
PD NGPL Tex/OK Basis (Tier 4) $300 $300 $405
N/A
$50 $50 $68
PD NGPL Tex/OK Basis (Tier 5)
$200
$200
$270
N/A
$50 $50 $68
OI NGPL Tex/OK Index (Tier 1)
$1,300
$1,300
$1,755
N/A $25 $28 $34
OI NGPL Tex/OK Index (Tier 2)
$200
$200
$270
N/A $25 $28 $34
OI NGPL Tex/OK Index (Tier 3) $100 $100 $135 N/A $25 $28 $34
OX NGPL Tex/OK Swing
$1,700
$1,700
$2,295
 N/A
$100
$110
$135
NY NGPL LA Basis (Tier 1)
$500
$500
$675
N/A
$25 $28 $34
NY NGPL LA Basis (Tier 2)
$250
$250
$338
N/A
$25 $28 $34
NU Trunkline, LA Basis (Tier 1) $75 $75 $101
N/A
$25 $28 $34
NU Trunkline, LA Basis (Tier 2) $100 $100 $135
N/A
$25 $28 $34
T5 NGPL STX Natural Gas Basis
$300
$300
$405
N/A
$25 $28 $34
ND ANR LA Basis (Tier 1) $100 $100 $135
N/A
$25 $28 $34
ND ANR LA Basis (Tier 2) $100 $100 $135
N/A
$25 $28 $34
NE ANR OK Basis (Tier 1)
$1,250
$1,250
$1,688
N/A
$50 $50 $68
NE ANR OK Basis (Tier 2)
$1,000
$1,000
$1,350
N/A
$50 $50 $68
NE ANR OK Basis (Tier 3)
$750
$750 $1,013
N/A
$50 $50 $68
IQ ANR OK Index (Tier 1)
$1,500
$1,500 $2,025 N/A $25 $28 $34
IQ ANR OK Index (Tier 2)
$200
$200
$270
N/A $25 $28 $34
IQ ANR OK Index (Tier 3) $100 $100 $135 N/A $25 $28 $34
SQ ANR OK Swing
$2,000
$2,000
$2,700
 N/A
$100
$110
$135
NK Sumas Basis (Tier 1)
$800
$800
$1,080
N/A
$25 $28 $34
NK Sumas Basis (Tier 2)
$700
$700
$945
N/A
$25 $28 $34
NK Sumas Basis (Tier 3)
$500
$500
$675
N/A
$25 $28 $34
IU Sumas Index Swap (Tier 1)
$3,500
$3,500 $4,725 N/A $25 $28 $34
IU Sumas Index Swap (Tier 2)
$500
$500
$675
N/A $25 $28 $34
IU Sumas Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
SU Sumas Swing Swap
$7,500
$7,500
$10,125
N/A $100 $110 $135
NL NGPL Mid-Continent Basis (Tier 1)
$1,000
$1,000
$1,350
N/A
$50 $50 $68
NL NGPL Mid-Continent Basis (Tier 2)
$600
$600
$810
N/A $50 $50 $68
NL NGPL Mid-Continent Basis (Tier 3)
$400
$400
$540
 N/A
$50 $50 $68
NL NGPL Mid-Continent Basis (Tier 4)
$300
$300
$405
 N/A
$50 $50 $68
NL NGPL Mid-Continent Basis (Tier 5) $200 $200 $270
 N/A
$50 $50 $68
IW NGPL Mid-Continent Index (Tier 1) $2,800 $2,800 $3,780 N/A $25 $28 $34
IW NGPL Mid-Continent Index (Tier 2) $200 $200 $270 N/A $25 $28 $34
IW NGPL Mid-Continent Index (Tier 3) $100 $100 $135 N/A $25 $28 $34
PX NGPL Mid-Continent Swing
$3,600
$3,600
$4,860
 N/A
$100
$110
$135
PE Demarcation Basis Swap (Tier 1)
$1,000
$1,000
$1,350
N/A
$25 $28 $34
PE Demarcation Basis Swap (Tier 2)
$600
$600
$810
 N/A
$25 $28 $34
PE Demarcation Basis Swap (Tier 3) $400 $400 $540
 N/A
$25 $28 $34
DI Demarcation Index Swap (Tier 1) $2,800 $2,800 $3,780 N/A $25 $28 $34
DT Demarcation Swing Swap
$3,500
$3,500
$4,725
 N/A
$100
$110
$135
PF Northern Natural Gas Ventura, Iowa Basis (Tier 1)
$700
$700
$945
N/A
$50 $50 $68
PF Northern Natural Gas Ventura, Iowa Basis (Tier 2) $550 $550 $743
 N/A
$50 $50 $68
PF Northern Natural Gas Ventura, Iowa Basis (Tier 3)
$400
$400
$540
 N/A
$50 $50 $68
VI Ventura Natural Gas Index Swap (Tier 1)
$1,500
$1,500
$2,025
N/A $25 $28 $34
VI Ventura Natural Gas Index Swap (Tier 2) $100 $100 $135 N/A $25 $28 $34
VI Ventura Natural Gas Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
VS Ventura Natural Gas Swing Swap
$2,000
$2,000
$2,700
 N/A
$100
$110
$135
PG Dominion Transmission Inc. -- Appalachia Basis (Tier 1)
$400
$400
$540
N/A
$25 $28 $34
PG Dominion Transmission Inc. -- Appalachia Basis (Tier 2)
$200
$200
$270
 N/A
$25 $28 $34
IH  Dominion Index Swap (Tier 1)
$1,750
$1,750
$2,363
N/A $25 $28 $34
SH  Dominion Swing Swap
$2,000
$2,000
$2,700
 N/A
$100
$110
$135
PW CenterPoint Natural Gas Basis Swap (Tier 1)
$1,000
$1,000
$1,350
N/A $25 $28 $34
PW CenterPoint Natural Gas Basis Swap (Tier 2)
$750
$750
$1,013
N/A $25 $28 $34
II CenterPoint Natural Gas Index Swap (Tier 1)
$2,800
$2,800
$3,780
N/A $25 $28 $34
II CenterPoint Natural Gas Index Swap (Tier 2)
$500
$500
$675
N/A $25 $28 $34
II CenterPoint Natural Gas Index Swap (Tier 3)
$100
$100
$135
N/A $25 $28 $34
VX CenterPoint Natural Gas Swing Swap
$6,000
$6,000
8,100
 N/A
$100
$110
$135
DW Dawn Natural Gas Basis Swap (Tier 1) $800 $800 $1,080 N/A $25 $28 $34
DW Dawn Natural Gas Basis Swap (Tier 2)
$300
$300
$405
N/A $25 $28 $34
IO Dawn Natural Gas Index Swap (Tier 1)
$1,200
$1,200
$1,620
N/A $25 $28 $34
IO Dawn Natural Gas Index Swap (Tier 2) $100 $100 $135 N/A $25 $28 $34
IO Dawn Natural Gas Index Swap (Tier 3) $100 $100 $135 N/A $25 $28 $34
OW Dawn Natural Gas Swing Swap
$2,000
$2,000
$2,700
N/A
$100
$110
$135
TE Tetco East LA Basis Swap (Tier 1)
$150
$150
$203
N/A $25 $28 $34
TE Tetco East LA Basis Swap (Tier 2)
$100
$100
$135
N/A $25 $28 $34
TE Tetco East LA Basis Swap (Tier 3)
$100
$100
$135
N/A $25 $28 $34
TE Tetco East LA Basis Swap (Tier 4)
$100
$100
$135
N/A $25 $28 $34
TE Tetco East LA Basis Swap (Tier 5)
$100
$100
$135
N/A $25 $28 $34
TX Tetco South TX Basis Swap (Tier 1)
$300
$300
$405
N/A
$25 $28 $34
TX Tetco South TX Basis Swap (Tier 2)
$250
$250
$338
N/A
$25 $28 $34
TX Tetco South TX Basis Swap (Tier 3)
$200
$200
$270
N/A
$25 $28 $34
TX Tetco South TX Basis Swap (Tier 4)
$200
$200
$270
N/A
$25 $28 $34
TX Tetco South TX Basis Swap (Tier 5)
$200
$200
$270
N/A
$25 $28 $34
GL Columbia Gulf Onshore Basis Swap (Tier 1)
$150
$150
$203
N/A
$50 $50 $68
GL Columbia Gulf Onshore Basis Swap (Tier 2)
$80
$80
$108
N/A
$50 $50 $68
GL Columbia Gulf Onshore Basis Swap (Tier 3)
$85
$85
$115
N/A
$50 $50 $68
GL Columbia Gulf Onshore Basis Swap (Tier 4)
$100
$100
$135
N/A
$50 $50 $68
GL Columbia Gulf Onshore Basis Swap (Tier 5)
$100
$100
$135
N/A
$50 $50 $68
CZ Transco Zone 3 Basis Swap (Tier 1)
$150
$150
$203
N/A $25 $28 $34
CZ Transco Zone 3 Basis Swap (Tier 2)
$100
$100
$135
N/A $25 $28 $34
CZ Transco Zone 3 Basis Swap (Tier 3)
$100
$100
$135
N/A
$25 $28 $34
CZ Transco Zone 3 Basis Swap (Tier 4)
$100
$100
$135
N/A
$25 $28 $34
CZ Transco Zone 3 Basis Swap (Tier 5) $75 $75 $101
N/A
$25 $28 $34
Y6 Transco Zone 3 Natural Gas Index Swap $1,800 $1,800 $2,430
N/A
$25 $28 $34
SZ Sonat Basis Swap (Tier 1)
$250
$250
$338
N/A
$25 $28 $34
SZ Sonat Basis Swap (Tier 2) $75 $75 $101 N/A $25 $28 $34
SZ Sonat Basis Swap (Tier 3) $75 $75 $101
N/A
$25 $28 $34
SZ Sonat Basis Swap (Tier 4)
$200
$200
$270
N/A
$25 $28 $34
SZ Sonat Basis Swap (Tier 5)
$200
$200
$270
N/A
$25 $28 $34
TR Transco Zone 4 Basis (Tier 1)
$125
$125
$169
N/A
$50 $50 $68
TR Transco Zone 4 Basis (Tier 2)
$150
$150
$203
N/A $50 $50 $68
TR Transco Zone 4 Basis (Tier 3)
$150
$150
$203
N/A
$25 $28 $34
TR Transco Zone 4 Basis (Tier 4) $75 $75 $101
N/A
$25 $28 $34
TR Transco Zone 4 Basis (Tier 5)
$75
$75
$101
N/A
$25 $28 $34
FP Florida Gas Zone 3 Basis Swap (Tier 1)
$200
$200
$270
N/A
$25 $28 $34
FP Florida Gas Zone 3 Basis Swap (Tier 2)
$200
$200
$270
N/A
$25 $28 $34
FP Florida Gas Zone 3 Basis Swap (Tier 3)
$50
$50
$68
N/A
$25 $28 $34
FP Florida Gas Zone 3 Basis Swap (Tier 4)
$100
$100
$135
N/A
$25 $28 $34
FP Florida Gas Zone 3 Basis Swap (Tier 5)
$100
$100
$135
N/A
$25 $28 $34
5Z Columbia Gulf Mainline Swap (Tier 1)
$150
$150
$203
N/A
$25.00 $27.50 $33.75
5Z Columbia Gulf Mainline Swap (Tier 2)
$100
$100
$135
N/A
$25.00 $27.50 $33.75
8A Florida Zone 2 Swap (Tier 1)
$200
$200
$270
N/A
$25.00 $27.50 $33.75
8A Florida Zone 2 Swap (Tier 2)
$200
$200
$270
N/A
$25.00 $27.50 $33.75
8X OneOk,Oklahoma Swap (Tier 1)
$1,300
$1,300
$1,755
N/A
$25.00 $27.50 $33.75
8X OneOk,Oklahoma Swap (Tier 2)
$1,000
$1,000
$1,350
N/A
$25.00 $27.50 $33.75
8Z Southern Star, TX,OK,KS Swap (Tier 1)
$1,300
$1,300
$1,755
N/A
$25.00 $27.50 $33.75
8Z Southern Star, TX,OK,KS Swap (Tier 2)
$1,000
$1,000
$1,350
N/A
$25.00 $27.50 $33.75
6Z Tennessee 800 Swap (Tier 1)
$300
$300
$405
N/A
$25.00 $27.50 $33.75
6Z Tennessee 800 Swap (Tier 2)
$200
$200
$270
N/A
$25.00 $27.50 $33.75
8B Texas Eastern West LA Swap (Tier 1)
$300
$300
$405
N/A
$25.00 $27.50 $33.75
8B Texas Eastern West LA Swap (Tier 2)
$250
$250
$338
N/A
$25.00 $27.50 $33.75
9F Texas Gas Zone 1 Swap (Tier 1)
$300
$300
$405
N/A
$25.00 $27.50 $33.75
9F Texas Gas Zone 1 Swap (Tier 2)
$100
$100
$135
N/A
$25.00 $27.50 $33.75
8E Transco Zone 1 Swap (Tier 1)
$150
$150
$203
N/A
$25.00 $27.50 $33.75
8E Transco Zone 1 Swap (Tier 2)
$150
$150
$203
N/A
$25.00 $27.50 $33.75
8F Transco Zone 2 Swap (Tier 1)
$150
$150
$203
N/A
$25.00 $27.50 $33.75
8F Transco Zone 2 Swap (Tier 2)
$150
$150
$203
N/A
$25.00 $27.50 $33.75
9A SoCal City-Gate Swap (Tier 1)
$800
$800
$1,080
N/A
$25.00 $27.50 $33.75
9A SoCal City-Gate Swap (Tier 2)
$600
$600
$810
N/A
$25.00 $27.50 $33.75
G8 Natural Gas Calendar Spread Financi
$1,000
$1,000
$1,350
N/A
N/A N/A N/A

Crude Oil Markets
UB Dated Brent Crude Oil Calendar Swap
$7,500
$7,500
$10,125
N/A $400 $440 $540
DC Dubai Crude Oil Calendar Swap
$9,000
$9,000
$12,150
N/A $600 $600 $810
BY WTI - Brent (ICE) Bullet Swap
$2,000
$2,000
$2,700
N/A
$50
$55
$68
FY Dated-to-Frontline Brent Swap $2,000 $2,000 $2,700 N/A
$50
$55
$68
BK WTI - Brent (ICE) Calendar Swap
$1,600
$1,600
$2,160
N/A
$50
$55
$68
DB Brent - Dubai Swap
$3,500
$3,500
$4,725
N/A
$50
$55
$68
XA LLS (Argus) Calendar Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
LI LLS (Argus) Trade Month Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
MV Mars (Platts) Calendar Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
MZ Mars (Platts) Trade Month Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
MX Mars (Argus) Calendar Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
MO Mars (Argus) Trade Month Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
XB WTS (Argus) Calendar Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
AY WTS (Argus) Trade Month Swap $3,000 $3,000 $4,050 N/A $400 $440 $540
WJ LLS (Argus) vs. WTI Spread Calendar Swap $2,000 $2,000 $2,700 N/A $100 $110 $135
WK LLS (Argus) vs. WTI Spread Trade Month Swap
$3,500
$3,500
$4,725
N/A $100 $110 $135
WL Mars (Platts) vs. WTI Spread Calendar Swap $600 $600 $810 N/A $100 $110 $135
WP Mars (Platts) vs. WTI Spread Trade Month Swap $600 $600 $810 N/A $100 $110 $135
YX Mars (Argus) vs. WTI Spread Calendar Swap $600 $600 $810 N/A $100 $110 $135
YV Mars (Argus) vs. WTI Spread Trade Month Swap $1,000 $1,000 $1,350 N/A $100 $110 $135
FF WTS (Argus) vs. WTI Spread Calendar Swap $600 $600 $810 N/A $100 $110 $135
FH WTS (Argus) vs. WTI Spread Trade Month Swap $3,500 $3,500 $4,725 N/A $100 $110 $135
1C Brent CFD (Platts) vs. Front Month Swap Contract $1,500 $1,500 $2,025 N/A $100 $110 $135
A2 WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
G9 WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
H6 WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
H7 WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
H8 WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
H9 WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
3A WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
4A WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A
5A WTI Crude Oil Calendar Spread Finan $1,250 $1,250 $1,688 N/A N/A N/A N/A

Petroleum Spread & Product Markets
YK Gulf Coast Low Sulfur Diesel (LSD) Crack Spread Swap
$3,500
$3,500
$4,725
N/A
GY Gulf Coast ULSD Crack Spread Swap $6,000 $6,000 $8,100 N/A
YU New York ULSD Crack Spread Swap
$3,500
$3,500
$4,725
N/A
YL Up-Down Gulf Coast LSD vs. NYMEX HO Spread Swap $2,500 $2,500 $3,375 N/A $50 $55 $68
YL Up-Down Gulf Coast LSD vs. NYMEX HO Spread Swap
$2,000
$2,000
$2,700
N/A $50 $55 $68
YL Up-Down Gulf Coast LSD vs. NYMEX HO Spread Swap
$2,000
$2,000
$2,700
N/A $50 $55 $68
LT Up-Down Gulf Coast ULSD vs. NYMEX HO Spread Swap (Tier 1) $1,500 $1,500 $2,025 N/A $25 $28 $34
LT Up-Down Gulf Coast ULSD vs. NYMEX HO Spread Swap (Tier 2) $1,500 $1,500 $2,025 N/A $25 $28 $34
LT Up-Down Gulf Coast ULSD vs. NYMEX HO Spread Swap (Tier 3)
$1,000
$1,000
$1,350
N/A $25 $28 $34
UT #2 Heating Oil Up-Down Spread Calendar Swap (Tier 1)
$2,500
$2,500
$3,375
N/A $50 $55 $68
UT #2 Heating Oil Up-Down Spread Calendar Swap (Tier 2)
$1,000
$1,000
$1,350
N/A $50 $55 $68
UT #2 Heating Oil Up-Down Spread Calendar Swap (Tier 3)
$500
$500
$675
N/A $50 $55 $68
MP NY Harbor Heating Oil Calendar Swap (Tier 1)
$6,750
$6,750
$9,113
N/A $250 $275 $338
MP NY Harbor Heating Oil Calendar Swap (Tier 2)
$6,500
$6,500
$8,775
N/A $200 $220 $270
MP NY Harbor Heating Oil Calendar Swap (Tier 3)
$6,500
$6,500
$8,775
N/A $200 $220 $270
MP NY Harbor Heating Oil Calendar Swap (Tier 4)
$6,000
$6,000
$8,100
N/A $150 $165 $203
MH Los Angeles CARB Gasoline Swap (OPIS) $8,000 $8,000 $10,800 N/A $480 $528 $648
MF Gulf Coast #6 Fuel 3.0% Swap
$7,500
$7,500
$10,125
N/A $600 $600 $810
MM NY Harbor Residual Fuel 1.0% Swap
$6,000
$6,000
$8,100
N/A $480 $528 $648
UN European Naphtha Calendar Swap (Tier 1) $70,000 $70,000 $94,500 $3,400
$2,400
$2,640
$3,240
UN European Naphtha Calendar Swap (Tier 2)
$60,000
$60,000
$81,000
N/A
$2,400
$2,640
$3,240
KZ European Naphtha Balmo (Tier 1)
$60,000
$60,000
$81,000
N/A N/A N/A N/A
KZ European Naphtha Balmo (Tier 2)
$60,000
$60,000
$81,000
N/A N/A N/A N/A
UJ European Jet Kero NWE Calendar Swap (Northwest Europe) $60,000 $60,000 $81,000 N/A
$3,400
$3,740
$4,590
UR European Jet Kero Rotterdam Calendar Swap
$72,500
$72,500
$97,875
N/A
$2,400
$2,640
$3,240
TW Gasoil 0.1 Cargoes CIF NWE Swap
$72,000
$72,000
$97,200
N/A
$3,400
$3,740
$4,590
TY Gasoil 10ppm Cargoes CIF NWE Swap
$45,000
$45,000
$60,750
N/A
$3,400
$3,740
$4,590
WQ Gasoil 0.1 Barges FOB Rdam v. ICE Gasoil Swap $4,000 $4,000 $5,400
N/A
$1,000
$1,100
$1,350
UF European 1% Fuel Oil Calendar Swap (Northwest Europe)
$40,000
$40,000
$54,000
N/A
$3,800
$4,180
$5,130
UH European 1% Fuel Oil Rotterdam Calendar Swap
$50,000
$50,000
$67,500
N/A
$3,400
$3,740
$4,590
UV European 3.5% Fuel Oil Rotterdam Calendar Swap
$45,000
$45,000
$60,750
N/A
$3,000
$3,000
$4,050
UI European 3.5% Fuel Oil MED Calendar Swap (Mediterranean)
$45,000
$45,000
$60,750
N/A
$3,400
$3,740
$4,590
UA European Singapore Fuel Oil 180cst Calendar Swap (Tier 1)
$34,000
$34,000
$45,900
N/A
$2,400
$2,640
$3,240
UA European Singapore Fuel Oil 180cst Calendar Swap (Tier 2)
$38,000
$38,000
$51,300
N/A
$2,400
$2,640
$3,240
KR European 3.5% Fuel Oil (NWE) Balmo
$50,000
$50,000
$67,500
N/A N/A N/A N/A
KX European 1% Fuel Oil (NWE) Balmo
$40,000
$40,000
$54,000
N/A N/A N/A N/A
VL Gasoil 0.1 Barges FOB Rdam v. ICE Gasoil Swap $60,000 $60,000 $81,000 N/A
$3,400
$3,740
$4,590
Gulf Coast Gasoline Calendar Swap (Tier 1)
$8,000
$8,000
$10,800
N/A
$50
$55
$68
Gulf Coast Gasoline Calendar Swap(Tier 2)
$8,000
$8,000
$10,800
N/A
$50
$55
$68
Gulf Coast Gasoline Calendar Swap (Tier 3)
$8,000
$8,000
$10,800
N/A
$50
$55
$68
Gulf Coast Heating Oil Calendar Swap
$4,500
$4,500
$6,075
N/A
$400
$440
$540
Gulf Coast Jet Fuel Calendar Swap $7,500 $7,500 $10,125 N/A
$400
$440
$540
GZ European Gasoil Crack Spread Swap $4,000 $4,000 $5,400 N/A
$400
$400
$540
GT European Gasoil 10PPM Rdam Barges Swap $55,000 $55,000 $74,250 N/A
$3,400
$3,740
$4,590
GX European Gasoil (ICE) Calendar Swap (Tier 1)
$60,000
$60,000
$81,000
N/A
GX European Gasoil (ICE) Calendar Swap (Tier 2)
$60,000
$60,000
$81,000
N/A
GX European Gasoil (ICE) Calendar Swap (Tier 3)
$50,000
$50,000
$67,500
N/A
GX European Gasoil (ICE) Calendar Swap (Tier 4)
$50,000
$50,000
$67,500
N/A
RG European Argus Gasoline Crack Spread Swap (Tier 1)
$5,000
$5,000
$6,750
N/A
$850
$935
$1,148
RG European Argus Gasoline Crack Spread Swap (Tier 2)
$3,000
$3,000
$4,050
N/A
$850
$935
$1,148
EN European Naphtha Crack Spread
$4,000
$4,000
$5,400
N/A
$250
$275
$338
ET European Gasoil 10PPM Rdam Barges v. Gasoil Futures Swap $6,000 $6,000 $8,100 N/A
$150
$165
$203
JC European Jet CIF NWE v. Gasoil Futures Swap $15,000 $15,000 $20,250 N/A
$200
$220
$270
TP Gasoil 10ppm Cargoes CIF NWE v. ICE Gasoil Swap (Tier 1)
$7,000
$7,000
$9,450
N/A
$200
$220
$270
TP Gasoil 10ppm Cargoes CIF NWE v. ICE Gasoil Swap (Tier 2) $5,000 $5,000 $6,750 N/A
$200
$220
$270
TP Gasoil 10ppm Cargoes CIF NWE v. ICE Gasoil Swap (Tier 3)
$4,000
$4,000
$5,400
N/A
$200
$220
$270
JR European Jet Rdam Barges v. Gasoil Futures Swap $13,000 $13,000 $17,550 N/A
$150
$165
$203
GA Singapore Gasoil v. Rdam Gasoil Swap $5,500 $5,500 $7,425 N/A
$200
$220
$270
HA Heating Oil Arb Swap: NYMEX HO v. Rdam Gasoil $8,000 $8,000 $10,800 N/A
$200
$220
$270
FO 3.5% Fuel Oil Rdam Crack Swap
$4,000
$4,000
$5,400
N/A
$350
$385
$473
FI 1% Fuel Oil NWE Crack Spread Swap
$4,000
$4,000
$5,400
N/A
$350
$385
$473
FK 3.5% Fuel Oil Rdam v 3.5% FOB MED Spread Swap
$6,000
$6,000
$8,100
N/A
$350
$385
$473
FL 3.5% Fuel Oil FOB MED Crack Spread Swap
$4,000
$4,000
$5,400
N/A $200 $220 $270
VQ New York 0.3% Fuel Oil Swap
$10,000
$10,000
$13,500
N/A $480 $528 $648
TU Gasoil 0.1 Cargoes CIF NWE v. ICE Gasoil Swap
$4,000
$4,000
$5,400
N/A
$1,000
$1,100
$1,350
WQ Gasoil 0.1 Barges FOB Rdam v. ICE Gasoil Swap
$6,000
$6,000
$8,100
N/A
$1,000
$1,100
$1,350
RZ New York Harbor Conventional Gasoline vs. RBOB Swap Contract $1,000 $1,000 $1,350 N/A $240 $364 $324
LW Gulf Coast Low Sulfur Diesel (LSD) Swap $13,000 $13,000 $17,550 N/A
LY Gulf Coast Ultra Low Sulfur Diesel (ULSD) Swap $8,000 $8,000 $10,800 N/A
YS New York Ultra Low Sulfur Diesel (ULSD) Swap
$4,250
$4,250
$5,738
N/A
AW Gulf Coast Gasoline (Argus) Calendar Swap
$6,000
$6,000
$8,100
N/A $500 $550 $675
AJ Gulf Coast ULSD (Argus) Calendar Swap
$4,500
$4,500
$6,075
N/A $480 $528 $648
AF Gulf Coast Jet (Argus) Calendar Swap
$3,500
$3,500
$4,725
N/A $400 $440 $540
LX Los Angeles CARB Diesel (OPIS) Outright Swap
$6,000
$6,000
$8,100
N/A $480 $528 $648
JS Los Angeles Jet (OPIS) Spread Swap $3,000 $3,000 $4,050 N/A $240 $264 $324
LL Los Angeles Jet (OPIS) Outright Swap
$4,000
$4,000
$5,400
N/A $400 $440 $540
PT Mt Belvieu Propane (OPIS) Swap
$4,500
$4,500
$6,075
N/A $250 $275 $338
RY RBOB (Platts) Calendar Swap
$4,500
$4,500
$6,075
N/A $250 $275 $338
HI EIA On-Highway Retail Diesel Swap
$10,500
$10,500
$14,175
N/A N/A N/A N/A
BG European Gasoil Bullet Swap
$55,000
$55,000
$74,250
N/A $2,000 $2,200 $2,700
PS European Propane CIF ARA (Argus) Swap
$50,000
$50,000
$67,500
N/A $3,800 $4,180 $5,130
JA Japan C&F Naphtha (Platts) Swap (Tier 1) $70,000 $70,000 $94,500 N/A $3,800 $4,180 $5,130
JA Japan C&F Naphtha (Platts) Swap (Tier 2) $55,000 $55,000 $74,250 N/A N/A N/A N/A
UZ Gasoline Up-Down (Argus) Swap $1,500 $1,500 $2,025 N/A $240 $264 $324
US ULSD Up-Down (Argus) Swap
$2,000
$2,000
$2,700
 N/A $240 $264 $324
JU Jet Up-Down (Argus)
$3,000
$3,000
$4,050
N/A $240 $264 $324
RI RBOB (Platts) vs. NYMEX RBOB Spread Swap
$2,000
$2,000
$2,700
 N/A $240 $264 $324
UY NY ULSD (Platts) vs. NYMEX HO Spread Swap
$2,000
$2,000
$2,700
 N/A $240 $264 $324
JL Los Angeles CARBOB (OPIS) Spread Swap $6,000 $6,000 $8,100 N/A $240 $264 $324
JS Los Angeles Jet (OPIS) Spread Swap
$3,000
$3,000
$4,050
N/A $240 $264 $324
KL Los Angeles CARB Diesel (OPIS) Spread Swap $3,000 $3,000 $4,050 N/A $240 $264 $324
CF Gulf Coast ULSD Crack Spread (Argus) Swap
$3,000
$3,000
$4,050
N/A $480 $528 $648
CK Gulf Coast Gasoline Crack Spread (Argus) Swap
$4,500
$4,500
$6,075
N/A $240 $264 $324
JB Japan C&F Naphtha Crack Spread (Platts)
$10,000
$10,000
$13,500
N/A $250 $275 $338
CU Chicago Ethanol (Platts) Swap $4,500 $4,500 $6,075 N/A $400 $440 $540
EZ New York Ethanol (Platts) Swap $5,500 $5,500 $7,425 N/A $400 $440 $540
2M Ethanol (Platts) T1 FOB Rotterdam Ex Duty Swap $2,000 $2,000 $2,700 N/A $500 $500 $675
Z1 Ethanol (Platts) T2 FOB Rotterdam Including Duty Swap €2,000 €2,000 €2,700 N/A €500 €500 €675
6W Brent CFD Swap $500 $500 $675 N/A $100 $110 $135
8N New York Fuel Oil 0.3% HP Swap $7,000 $7,000 $9,450 N/A $420 $462 $567
2G Premium Unl Gasoline 10ppm (Platts) CIF MED Swap $74,500 $74,500 $100,575 N/A $3,400 $3,740 $4,590
3G Premium Unl Gasoline 10ppm (Platts) FOB MED Swap $74,500 $74,500 $100,575 N/A $3,400 $3,740 $4,590
4G Premium Unl Gasoline 10ppm (Platts) Cargoes CIF NWE Swap $64,500 $64,500 $87,075 N/A $3,400 $3,740 $4,590
6G Premium Unl Gasoline 10ppm (Platts) CIF MED BALMO Swap $74,500 $74,500 $100,575 N/A $3,400 $3,740 $4,590
8G Premium Unl Gasoline 10ppm (Platts) FOB MED BALMO Swap $40,000 $40,000 $54,000 N/A $3,400 $3,740 $4,590
6D Premium Unl Gasoline 10ppm (Platts) CIF NWE BALMO Swap $64,500 $64,500 $87,075 N/A $3,400 $3,740 $4,590
7D Fuel Oil 3.5% CIF MED Swap $52,000 $52,000 $70,200 N/A $3,400 $3,740 $4,590
8D Fuel Oil 3.5% CIF MED BALMO Swap $52,000 $52,000 $70,200 N/A $3,400 $3,740 $4,590
8W Gasoil 0.1 CIF MED vs. ICE Gasoil BALMO Swap $6,000 $6,000 $8,100 N/A $1,000 $1,100 $1,350
7V ULSD 10ppm CIF MED vs. ICE Gasoil BALMO Swap $10,000 $10,000 $13,500 N/A $1,000 $1,100 $1,350
6V Gasoil 0.1 Barges FOB Rdam v. ICE Gasoil BALMO Swap $6,000 $6,000 $8,100 N/A $1,000 $1,100 $1,350
4V Gasoil 0.1 Cargoes CIF NWE v. ICE Gasoil BALMO Swap $4,000 $4,000 $5,400 N/A $1,000 $1,100 $1,350
3V Gasoil 10ppm Cargoes CIF NWE v ICE Gasoil BALMO Swap $12,000 $12,000 $16,200 N/A $1,000 $1,100 $1,350
7X Diesel 10ppm Barges FOB Rdam v ICE Gasoil BALMO Swap $13,000 $13,000 $17,550 N/A $1,000 $1,100 $1,350
6X Jet Fuel Cargoes CIF NWE v ICE Gasoil BALMO Swap Contract $20,000 $20,000 $27,000 N/A $1,000 $1,100 $1,350
9Q Jet Fuel Barges FOB Rdam v ICE Gasoil BALMO Swap Contract $14,000 $14,000 $18,900 N/A $1,000 $1,100 $1,350
9N Argus Propane (Saudi Aramco) Swap $50,000 $50,000 $67,500 N/A $2,000 $2,200 $2,700
7E Argus Propane Far East Index Swap $30,000 $30,000 $40,500 N/A $2,000 $2,200 $2,700
3C Chicago Unleaded Gasoline (Platts) vs. RBOB Spread Swap $3,400 $3,400 $4,590 N/A $240 $264 $324
5C Chicago ULSD (Platts) vs. Heating Oil Spread Swap $850 $850 $1,148 N/A $100 $110 $135
W1 Conway Propane (OPIS) Swap $4,000 $4,000 $5,400 N/A N/A N/A N/A
W3 Mont Belvieu Natural Gasoline (OPIS) Swap $4,000 $4,000 $5,400 N/A N/A N/A N/A
Z2 Mont Belvieu Normal Butane (OPIS) Swap $5,500 $5,500 $7,425 N/A N/A N/A N/A
W8 Mont Belvieu Ethane (OPIS) Swap $2,500 $2,500 $3,375 N/A N/A N/A N/A
Y2 Mont Belvieu Isobutane (OPIS) Swap $10,000 $10,000 $13,500 N/A N/A N/A N/A
A5 EIA Flat Tax On-Highway Diesel Swap Contract $9,000 $9,000 $12,150 N/A $250 $275 $338
A4 Argus LLS Trade Month Swap $6,700 $6,700 $9,045 N/A $400 $440 $540
E5 Argus LLS vs. WTI Trade Month Swap $3,000 $3,000 $4,050 N/A $100 $110 $135
V7 Argus WTI Trade Month Swap/td> $7,500 $7,500 $10,125 N/A $400 $440 $540
Y4 New York 0.7% Fuel Oil (Platts) Swap $7,500 $7,500 $10,125 N/A $480 $528 $648
Y3 New York 2.2% Fuel Oil (Platts) Swap $7,500 $7,500 $10,125 N/A $480 $528 $648
H1 New York 3.0% Fuel Oil (Platts) Swap $7,500 $7,500 $10,125 N/A $480 $528 $648
E6 Japan Naphtha BALMO Swap $50,000 $50,000 $67,500 N/A $3,800 $4,180 $5,130
1N Singapore Mogas 92 Unleaded (Platts) Swap $6,000 $6,000 $8,100 N/A $1,350 $1,000 $1,000
1P Singapore Mogas 92 Unleaded (Platts) BALMO Swap $6,000 $6,000 $8,100 N/A $1,350 $1,000 $1,000
V6 Mt Belvieu Propane (OPIS) BALMO Swap $4,500 $4,500 $6,075 N/A $250 $275 $338
V5 Mt Belvieu Natural Gasoline (OPIS) BALMO Swap $5,500 $5,500 $7,425 N/A $800 $880 $1,080
V4 Mt Belvieu Ethane (OPIS) BALMO Swap $4,500 $4,500 $6,075 N/A $650 $715 $878
Y5 Mt Belvieu Normal Butane (OPIS) BALMO Swap $5,500 $5,500 $7,425 N/A $850 $935 $1,148
1A Argus Biodiesel RME FOB Rdam Swap Contract $6,000 $6,000 $8,100 N/A $400 $440 $540
2L FAME 0 (Argus) Biodiesel FOB Rotterdam Swap $7,000 $7,000 $9,450 N/A $1,000 $1,000 $1,350
1D RBOB Gasoline BALMO Calendar Swap $5,000 $5,000 $6,750 N/A $200 $220 $270
1E RBOB Crack Spread BALMO Swap $4,000 $4,000 $5,400 N/A $100 $110 $135
1G Heating Oil BALMO Calendar Swap $6,250 $6,250 $8,438 N/A $250 $275 $338
1H Heating Oil Crack Spread BALMO Swap $4,000 $4,000 $5,400 N/A $100 $110 $135
1J Gulf Coast Gasoline Crack Spread (Platts) BALMO Swap $8,000 $8,000 $10,800 N/A $240 $264 $324
1K Gasoline Up-Down BALMO Swap Contract $2,500 $2,500 $3,375 N/A $100 $110 $135
1L ULSD Up-Down BALMO Calendar Swap Contract $1,500 $1,500 $2,025 N/A $240 $264 $324
1M Jet Fuel Up-Down BALMO Calendar Swap Contract $1,500 $1,500 $2,025 N/A $240 $264 $324
A6 Group Three ULSD (Platts) vs. Heating Oil Spread Swap $3,500 $3,500 $4,725 N/A $240 $264 $324
A7 Group Three ULSD (Platts) Swap $8,500 $8,500 $11,475 N/A $480 $528 $648
A8 Group Three Unleaded Gasoline (Platts) vs. RBOB Spread Swap $3,000 $3,000 $4,050 N/A $240 $264 $324
A9 Group Three Unleaded Gasoline (Platts) Swap $8,500 $8,500 $11,475 N/A $500 $550 $675
1Q New York Jet Fuel (Platts) Swap $8,000 $8,000 $10,800 N/A $1,000 $1,000 $1,350
1U New York Jet Fuel (Platts) vs. Heating Oil Swap $5,000 $5,000 $6,750 N/A $1,000 $1,000 $1,350
1R Propane Non-LDH Mt. Belvieu (OPIS) Swap $4,500 $4,500 $6,075 N/A $250 $250 $338
1S Propane Non-LDH Mt. Belvieu (OPIS) BALMO Swap $4,500 $4,500 $6,075 N/A $250 $250 $338
1T Jet Aviation Fuel (Platts) Cargoes FOB MED Swap $65,000 $65,000 $87,750 N/A $6,500 $6,500 $8,775
1V Jet Aviation Fuel (Platts) Cargoes FOB MED v. ICE Gasoil Swap $21,000 $21,000 $28,350 N/A $2,100 $2,100 $2,835
1W 1% Fuel Oil (Platts) Cargoes CIF MED Swap Contract $55,000 $55,000 $74,250 N/A $5,500 $5,500 $7,425
1X 1% Fuel Oil (Platts) Cargoes CIF NWE Swap Contract $55,000 $55,000 $74,250 N/A $5,500 $5,500 $7,425
1F Mont Belvieu Ethylene $4,500 $4,500 $6,075 N/A $2,000 $2,000 $2,700

Crude Oil & Petroleum Products Markets
HK NY Harbor Heating Oil Crack Spread Calendar Swap (Tier 1) $4,000 $4,000 $5,400 N/A $200 $200 $270
HK NY Harbor Heating Oil Crack Spread Calendar Swap (Tier 2)
$3,500
$3,500
$4,725
N/A $200 $200 $270
HK NY Harbor Heating Oil Crack Spread Calendar Swap (Tier 3)
$3,500
$3,500
$4,725
N/A $200 $200 $270
HK NY Harbor Heating Oil Crack Spread Calendar Swap (Tier 4)
$4,000
$4,000
$5,400
N/A $200 $200 $270
RH RBOB vs. Heating Oil Swap
$3,000
$3,000
$4,050
N/A $100 $110 $135
RL RBOB Calendar Swap (Tier 1)
$6,500
$6,500
$8,775
N/A
$250
$275
$338
RL RBOB Calendar Swap (Tier 2)
$6,000
$6,000
$8,100
N/A
$250
$275
$338
RL RBOB Calendar Swap (Tier 3)
$6,250
$6,250
$8,438
N/A
$200
$220
$270
RL RBOB Calendar Swap (Tier 4)
$5,500
$5,500
$7,425
N/A
$250
$275
$338
RM RBOB Crack Spread Swap (Tier 1)
$4,000
$4,000
$5,400
N/A $200 $200 $270
RM RBOB Crack Spread Swap (Tier 2)
$4,000
$4,000
$5,400
N/A $200 $200 $270
RM RBOB Crack Spread Swap (Tier 3)
$2,500
$2,500
$3,375
N/A $200 $200 $270
RM RBOB Crack Spread Swap (Tier 4)
$2,500
$2,500
$3,375
N/A $200 $200 $270
RV RBOB Up-Down Calendar Swap (Tier 1)
$2,500
$2,500
$3,375
N/A $50 $55 $68
RV RBOB Up-Down Calendar Swap (Tier 2)
$2,500
$2,500
$3,375
N/A $50 $55 $68
RV RBOB Up-Down Calendar Swap (Tier 3)
$1,500
$1,500
$2,025
N/A $50 $55 $68
RD US Gulf Coast #2 HO Crack Spread Calendar Swap $4,000 $4,000 $5,400 N/A $50 $55 $68
RU US Gulf Coast Unl. 87 Crack Spread Calendar Swap (Tier 1)
$6,000
$6,000
$8,100
N/A $50 $55 $68
RU US Gulf Coast Unl. 87 Crack Spread Calendar Swap (Tier 2)
$5,000
$5,000
$6,750
N/A $50 $55 $68
RU US Gulf Coast Unl. 87 Crack Spread Calendar Swap (Tier 3)
$3,000
$3,000
$4,050
N/A $50 $55 $68
MF Gulf Coast #6 Fuel 3.0% Sulfur Swap $6,000 $6,000 $8,100 N/A $480 $528 $648
MG Gulf Coast #6 Fuel Oil Crack Swap $5,000 $5,000 $6,750 N/A $480 $528 $648
ML NY Harbor Residual Fuel Crack Swap
$4,500
$4,500
$6,075
N/A $480 $528 $648
MD Gulf Coast Gas vs. Gulf Coast HO Spread Swap $5,000 $5,000 $6,750 N/A $240 $264 $324
ME Gulf Coast Jet vs. NYMEX #2 HO Spread Swap (Tier 1)
$1,500
$1,500
$2,025
N/A $25 $28 $34
ME Gulf Coast Jet vs. NYMEX #2 HO Spread Swap (Tier 2)
$1,500
$1,500
$2,025
N/A $25 $28 $34
ME Gulf Coast Jet vs. NYMEX #2 HO Spread Swap (Tier 3)
$1,500
$1,500
$2,025
N/A $25 $28 $34
MQ LA Jet Fuel vs. NYMEX #2 HO Spread Swap
$1,500
$1,500
$2,025
N/A $240 $264 $324
AR Argus NWE Gasoline Swap (Tier 1)
$70,000
$70,000
$94,500
N/A $2,000 $2,200 $2,700
AR Argus NWE Gasoline Swap (Tier 2)
$65,000
$65,000
$87,750
N/A $2,000 $2,200 $2,700
EW East/West Fuel Oil Spread Swap (Tier 1) $8,000 $8,000 $10,800 N/A $1,000 $1,100 $1,350
EW East/West Fuel Oil Spread Swap (Tier 2)
$5,000
$5,000
$6,750
N/A $1,000 $1,100 $1,350

 

FS

High-Low Sulfur Fuel Oil Spread Swap
$11,000
$11,000
$14,850
N/A $1,000 $1,100 $1,350
SD Singapore Fuel Oil Spread Swap
$5,000
$5,000
$6,750
N/A $340 $374 $459
SE Singapore 380cst Fuel Oil Swap
$40,000
$40,000
$54,000
N/A $2,400 $2,640 $3,240
BS Singapore 180cst 1 Balmo
$40,000
$40,000
$54,000
N/A N/A N/A N/A
BT Singapore 380cst Balmo
$40,000
$40,000
$54,000
N/A N/A N/A N/A
BX Singapore Jet Kero Balmo
$7,200
$7,200
$9,720
N/A N/A N/A N/A
SG Singapore Gasoil Swap
$7,000
$7,000
$9,450
N/A
$900
$900
$1,215
VU Singapore Gasoil Balmo (Tier 1)
$7,000
$7,000
$9,450
N/A N/A N/A N/A
VU Singapore Gasoil Balmo (Tier 2)
$7,000
$7,000
$9,450
N/A N/A N/A N/A
KS Singapore Jet Kerosene Swap
$7,200
$7,200
$9,720
N/A $400 $440 $540
SP Singapore Naphtha Swap $8,000 $8,000 $10,800 N/A $250 $275 $338
HZ Singapore 380cst Fuel Oil
$5,000
$5,000
$6,750
$3,000 $240 $264 $324
RK Singapore Jet Regrade: Jet Kero vs Gasoil Swap
$2,000
$2,000
$2,700
N/A $200 $220 $270
Z3 1.5% Fuel Oil Barges FOB Rdam Swap
$46,500
$46,500
$13,500
N/A
$2,400 $2,640 $3,240
J5 1.5% Fuel Oil Rdam Barges BALMO Swap
$46,500
$46,500
$13,500
N/A
$2,400 $2,640 $3,240
Z4 Gasoil 0.1 CIF MED Swap
$61,500
$61,500
$83,025
N/A
$3,400
$3,740
$4,590
X6 Gasoil 0.1 Cargoes CIF MED BALMO Swap
$61,500
$61,500
$83,025
N/A
$3,400
$3,740
$4,590
Z6 ULSD 10ppm CIF MED Swap
$50,000
$50,000
$67,500
N/A
$3,400
$3,740
$4,590
X7 ULSD 10ppm Cargoes CIF MED BALMO Swap
$61,500
$61,500
$83,025
N/A
$3,400
$3,740
$4,590
Z5 Gasoil 0.1 CIF MED vs. ICE Gasoil Swap
$8,000
$8,000
$10,800
N/A $1,000 $1,100 $1,350
Z7 ULSD 10ppm CIF MED vs. ICE Gasoil Swap
$5,000
$5,000
$6,750
N/A $1,000 $1,100 $1,350
U9 ICE Gasoil BALMO Swap
$80,000
$80,000
$108,000
N/A
$2,000 $2,200 $2,700
U7 Diesel 10ppm Barges FOB Rdam BALMO Swap
$55,000
$55,000
$74,250
N/A
$2,000 $2,200 $2,700
F3 Jet Fuel Cargoes CIF NWE BALMO Swap
$60,000
$60,000
$81,000
N/A
$2,000 $2,200 $2,700
J9 Brent Crude Oil BALMO SwapSwap $5,500 $5,500 $7,425 N/A $450 $495 $608
B9 Argus Gasoline NWE BALMO Swap
$40,000
$40,000
$54,000
N/A
$2,000 $2,200 $2,700
X9 Jet Fuel Barges FOB Rdam BALMO Swap
$72,500
$72,500
$97,875
N/A
$3,400
$3,740
$4,590
B7 Gasoil 0.1 Cargoes CIF NWE BALMO Swap
$72,000
$72,000
$97,200
N/A
$3,400
$3,740
$4,590
B1 ULSD 10ppm Cargoes CIF NWE BALMO Swap
$50,000
$50,000
$67,500
N/A
$3,400
$3,740
$4,590
B8 Gasoil 0.1 Barges FOB Rdam BALMO Swap
$60,000
$60,000
$81,000
N/A
$3,400
$3,740
$4,590
2C Chicago Unleaded Gasoline (Platts) Swap $10,000 $10,000 $13,500 N/A $480 $528 $648
4C Chicago ULSD (Platts) Swap $9,000 $9,000 $12,150 N/A $480 $528 $648
6C NYMEX Crude Oil Minute-Marker Future (Tier 1) $5,750 $5,750 $7,763 N/A N/A N/A N/A
6C NYMEX Crude Oil Minute-Marker Future (Tier 2) $5,750 $5,750 $7,763 N/A N/A N/A N/A
6C NYMEX Crude Oil Minute-Marker Future (Tier 3) $5,750 $5,750 $7,763 N/A N/A N/A N/A
6C NYMEX Crude Oil Minute-Marker Future (Tier 4) $5,750 $5,750 $7,763 N/A N/A N/A N/A
4T NYMEX Crude Oil Minute-Marker Calendar Month Swap (Tier 1) $5,750 $5,750 $7,763 N/A N/A N/A N/A
4T NYMEX Crude Oil Minute-Marker Calendar Month Swap (Tier 2) $5,750 $5,750 $7,763 N/A N/A N/A N/A
4T NYMEX Crude Oil Minute-Marker Calendar Month Swap (Tier 3) $5,750 $5,750 $7,763 N/A N/A N/A N/A
4T NYMEX Crude Oil Minute-Marker Calendar Month Swap (Tier 4) $5,750 $5,750 $7,763 N/A N/A N/A N/A
6R NYMEX RBOB Minute-Marker Future (Tier 1) $6,500 $6,500 $8,775 N/A N/A N/A N/A
6R NYMEX RBOB Minute-Marker Future (Tier 2) $6,000 $6,000 $8,100 N/A N/A N/A N/A
6R NYMEX RBOB Minute-Marker Future (Tier 3) $6,250 $6,250 $8,438 N/A N/A N/A N/A
6R NYMEX RBOB Minute-Marker Future (Tier 4) $5,500 $5,500 $7,425 N/A N/A N/A N/A
5T NYMEX RBOB Minute-Marker Calendar Month Swap (Tier 1) $6,500 $6,500 $8,775 N/A N/A N/A N/A
5T NYMEX RBOB Minute-Marker Calendar Month Swap (Tier 2) $6,000 $6,000 $8,100 N/A N/A N/A N/A
5T NYMEX RBOB Minute-Marker Calendar Month Swap (Tier 3) $6,250 $6,250 $8,438 N/A N/A N/A N/A
5T NYMEX RBOB Minute-Marker Calendar Month Swap (Tier 4) $5,500 $5,500 $7,425 N/A N/A N/A N/A
6H NYMEX Heating Oil Minute-Marker Future (Tier 1) $6,750 $6,750 $9,113 N/A N/A N/A N/A
6H NYMEX Heating Oil Minute-Marker Future (Tier 2) $6,500 $6,500 $8,775 N/A N/A N/A N/A
6H NYMEX Heating Oil Minute-Marker Future (Tier 3) $6,500 $6,500 $8,775 N/A N/A N/A N/A
6H NYMEX Heating Oil Minute-Marker Future (Tier 4) $6,000 $6,000 $8,100 N/A N/A N/A N/A
7T NYMEX Heating Oil Minute-Marker Calendar Month Swap (Tier 1) $6,750 $6,750 $9,113 N/A N/A N/A N/A
7T NYMEX Heating Oil Minute-Marker Calendar Month Swap (Tier 2) $6,500 $6,500 $8,775 N/A N/A N/A N/A
7T NYMEX Heating Oil Minute-Marker Calendar Month Swap (Tier 3) $6,500 $6,500 $8,775 N/A N/A N/A N/A
7T NYMEX Heating Oil Minute-Marker Calendar Month Swap (Tier 4) $6,000 $6,000 $8,100 N/A N/A N/A N/A
4U Gulf Coast Heating Oil (Argus) Swap Futures $8,000 $8,000 $10,800 N/A $800 $800 $1,080
7U Gulf Coast Heating Oil (Argus) vs. Heating Oil Spread Swap Futures $1,250 $1,250 $1,688 N/A $125 $125 $169
5Y New York ULSD (Argus) Swap Futures $8,000 $8,000 $10,800 N/A $800 $800 $1,080
7Y New York ULSD (Argus) vs. Heating Oil Spread Swap Futures $1,250 $1,250 $1,688 N/A $125 $125 $169
4Y New York Jet Fuel (Argus) Swap Futures $8,000 $8,000 $10,800 N/A $800 $800 $1,080
5U New York Jet Fuel (Argus) vs. Heating Oil Spread Swap Futures $1,250 $1,250 $1,688 N/A $125 $125 $169
2W ERCOT Houston Zone MCPE 50 MW Off-Peak Swap Futures $1,250 $1,250 $1,688 N/A $125 $125 $169
2X ERCOT North Zone MCPE 50 MW Off-Peak Swap Futures $950 $950 $1,283 N/A $95 $95 $128
2Y ERCOT South Zone MCPE 50 MW Off-Peak Swap Futures $950 $950 $1,283 N/A $95 $95 $128
3D ERCOT West Zone MCPE 50 MW Off-Peak Swap Futures $850 $850 $1,148 N/A $85 $85 $115
3E ERCOT Houston Zone MCPE 50 MW Off-Peak Calendar Day Swap Futures $1,250 $1,250 $1,688 N/A $125 $125 $169
3F ERCOT North Zone MCPE 50 MW Off-Peak Calendar Day Swap Futures $950 $950 $1,283 N/A $95 $95 $128
3H ERCOT South Zone MCPE 50 MW Off-Peak Calendar Day Swap Futures $950 $950 $1,283 N/A $95 $95 $128
3J ERCOT West Zone MCPE 50 MW Off-Peak Calendar Day Swap Futures $850 $850 $1,148 N/A $85 $85 $115
2N ERCOT Houston Zone MCPE 50 MW Peak Swap Futures $15,000 $15,000 $20,250 N/A $3,000 $3,000 $4,050
2P ERCOT North Zone MCPE 50 MW Peak Swap Futures $20,000 $20,000 $27,000 N/A $3,400 $3,400 $4,590
2Q ERCOT South Zone MCPE 50 MW Peak Swap Futures $15,000 $15,000 $20,250 N/A $2,900 $2,900 $3,915
2R ERCOT West Zone MCPE 50 MW Peak Swap Futures $25,000 $25,000 $33,750 N/A $2,500 $2,500 $3,375
2S ERCOT Houston Zone MCPE 50 MW Peak Calendar Day Swap Futures $30,000 $30,000 $40,500 N/A $3,000 $3,000 $4,050
2T ERCOT North Zone MCPE 50 MW Peak Calendar Day Swap Futures $34,000 $34,000 $45,900 N/A $3,400 $3,400 $4,590
2U ERCOT South Zone MCPE 50 MW Peak Calendar Day Swap Futures $29,000 $29,000 $39,150 N/A $2,900 $2,900 $3,915
2V ERCOT West Zone MCPE 50 MW Peak Calendar Day Swap Futures $25,000 $25,000 $33,750 N/A $2,500 $2,500 $3,375

Freight Futures Markets
TG Tanker Route TC1 Ras Tanura to Yokohama $1,500 $1,500 $2,025 N/A $200 $220 $270
TM Tanker Route TC2 Europe to U.S. Atlantic Coast (Tier 1) $2,200 $2,200 $2,970 N/A $150 $165 $203