Customer notice: Permissioning for three NYMEX futures prices to switch to COMEX

Fastmarkets will move the permissioning of three futures contracts from NYMEX to COMEX as of January 16, 2023 to reflect changes at the exchange level.

From this date, the following instruments, which had historically been available through NYMEX, will be available via COMEX only within Fastmarkets products:
• US Midwest Busheling Ferrous Scrap
• Hot Rolled Coil Steel
• Iron Ore 62% Fe CFR China

This will affect users of the Fastmarkets Dashboard, MyDesk and XML feeds. For more details about the change and the reasons for it, please visit this CME Group link.

If you are a user of the Fastmarkets Dashboard, the instrument syntax for the three futures instruments will change in the desktop. For example, XN-BUS-FRM1 will change to XC-BUS-FRM1. Please make the change to the affected instruments in your workspaces.

If you are using MyDesk or MyDesk XML Feeds, you do not need to make any changes.

For any questions or if you would like to amend your permissions to ensure you have live access to COMEX, please speak directly to your Fastmarkets Account Manager.

What to read next
Fastmarkets has corrected its MB-STE-0523 Steel scrap shredded auto scrap, consumer buying price, delivered mill, $/gross ton, weekly composite, which was published incorrectly since June 14.
Fastmarkets has corrected the rationale for its MB-CO-0020 cobalt hydroxide 30% Co min, cif China, $/lb price, which was published incorrectly on Friday July 26.
The publication of Fastmarkets’ manganese ore seaborne indices for Friday July 26 was delayed due to an error. Fastmarkets’ pricing database has been updated.
Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.
Fastmarkets will launch its new suite of US black mass payable indicators on Wednesday August 7, following a one-month consultation period.
The opening line of the rationale incorrectly listed the price range as $6.60-6.80 per lb. This has been corrected to $6.40-6.60 per lb. The published price is unaffected by this change. This price is part of the Fastmarkets minor metals package. For more information or to provide feedback on this correction notice or if you […]