Commission Orders and Other Actions : 14122
Initiator: NYMEX Clearing House
Action Type: 4d Action
Description: Treatment of Customer Funds re: DME
Status: Action Taken
Date: 2007-05-23 00:00:00
Remarks: The Commission issued an order under Section 4d of the Commodity Exchange Act allowing the New York Mercantile Exchange (NYMEX) and registered futures commission merchants to hold Dubai Mercantile Exchange (DME) customer positions and associated funds in segregated accounts. The order is limited to the following contracts traded on the DME: the physically delivered Oman Sour Crude futures contract, the cash-settled West Texas Intermediate-Oman Financial Spread futures contract and the Brent-Oman Financial Spread futures contract.
Associated Documents |
---|
Treatment of Customer Funds re: DME (NYMEX DME 4d Order)-SUPERSEDED |