Common use of NYMEX ClearPort Clause in Contracts

NYMEX ClearPort. With respect to NYMEX Products permitted to be listed for trading on NYMEX ClearPort in accordance with Section 3.3.2, if any such NYMEX Product achieves an ADV of [***Redacted***] or more contracts in any rolling [***Redacted***]-month period following the [***Redacted***], NYMEX shall promptly add such NYMEX Product to Globex by providing the notice described in Section 3.2.1 and shall delist the NYMEX Product from NYMEX ClearPort for trading upon its listing for trading on Globex.

Appears in 2 contracts

Samples: Cross Margining Agreement (Chicago Mercantile Exchange Holdings Inc), Cross Margining Agreement (Nymex Holdings Inc)

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NYMEX ClearPort. With respect to NYMEX Products permitted to be listed for trading on NYMEX ClearPort in accordance with Section 3.3.2, if any such NYMEX Product achieves an ADV of [***Redacted***] or more contracts in any rolling [***Redacted***]-month period following the [***Redacted***], NYMEX shall promptly add such NYMEX Product to Globex by providing the notice described in Section 3.2.1 and shall delist the NYMEX Product from NYMEX ClearPort for trading upon its listing for trading on Globex.

Appears in 2 contracts

Samples: Cross Margining Agreement (Nymex Holdings Inc), Cross Margining Agreement (Chicago Mercantile Exchange Holdings Inc)

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