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Enron Mail |
April 17, 2001 Notice No. 01-134 TO: ALL EXCHANGE MEMBERS / MEMBER FIRMS ALL EXCHANGE CLEARING MEMBERS FROM: Neil Wolkoff, Executive Vice President SUBJECT: Cost Incentive Program for Brent Trading The Board of Directors of the New York Mercantile Exchange, Inc., this morning agreed to waive all clearing and exchange fees for its new Brent crude oil futures contract for the first year of trading and to offer rebates for three months on any light, sweet crude futures contract traded to offset a position in the Exchange Brent futures contract. The rebates will be for up to 24 cents per side, depending on the type of trade, which can currently range from nine cents to $1.35 per side. Carr Futures 150 S. Wacker Dr., Suite 1500 Chicago, IL 60606 USA Tel: 312-368-6149 Fax: 312-368-2281 soblander@carrfut.com http://www.carrfut.com
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