• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limit, and Aggregation Allocation for the New ICE Brent (Singapore Marker) Swap Futures Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5948
      • Notice Date
      • 21 September 2011
      • Effective Date
      • 21 September 2011
    • In connection with the launch of the new ICE Brent (Singapore Marker) Swap Futures contract on trade date September 26, 2011 (see SER-5905 dated September 14, 2011), please note below the corresponding all month/any one month accountability levels (NYMEX Rule 560), expiration month position limit (NYMEX Rule 559), reportable level (NYMEX Rule 561), and aggregation allocation for the new contract.  This contract will be added to the Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 of the NYMEX Rulebook.  The commodity code is provided for the Clearing Members that file reports pursuant to NYMEX Rule 561.A in a machine-readable format. 

       

      Contract related questions can be directed to Chris Reinhardt, Associate Director, Market Surveillance, at 212.299.2882, and Ryne Toscano, Supervisor, Market Surveillance, at 212.299.2879.

       

      NYMEX Rulebook Chapter 5 Position Limit Table

      (Bold/underlining indicates additions.)

       

      Contract Name

      Rule Chap-ter

      Com-modity Code

      All Month Account-ability Level

      Any One Month Account-ability Level

      Expira-tion Month Limit

      Report-ing Level

      Aggre-gate Into (1)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Petroleum

       

       

       

       

       

       

       

      Europe

       

       

       

       

       

       

       

      Northwest Europe

       

       

       

       

       

       

       

       

      ICE Brent (Singapore Marker) Swap Futures

      1122

      IBS

      20,000

      20,000

      2,000

      25

      BZ