CME Adds Diesel, Biodiesel Contracts

CME Clearing, a unit of CME Group, has expanded its European product offerings by including two over-the-counter diesel and two biodiesel contracts for clearing.

CME Clearing, a unit of CME Group, has expanded its European product offerings by including two over-the-counter diesel and two biodiesel contracts for clearing. The new biodiesel contracts are the European RME Biodiesel fob Rotterdam (Argus) vs. European Gasoil (ICE) Spread Calendar Swap and the European FAME 0 Biodiesel fob Rotterdam (Argus) vs. European Gasoil (ICE) Spread Calendar Swap. The European Diesel 10ppm Cargoes cif NWE (Platts) Calendar Swap and the European ULSD 10ppm Cargoes cif NWE (Platts) Calendar Swap are the newly added diesel contracts. Credit Suisse has also been included as a clearing member firm by CME Clearing.

Click here for the release from PR Newswire.