CME Group has launched trading and clearing services for 14 new energy futures contracts. The new contracts are based on Platts’ physical market price assessments in crude oil, fuel oil and gasoil. The Chicago-based derivatives marketplace has listed new NYMEX crude oil swap futures contract, seven new fuel oil swap futures contracts and six new Singapore gasoil swap futures contracts based on Platts’ data. The total number of CME contracts settled on physical market price assessments published by Platts is about 430 with the new launch.
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