Decrease of Spot Month Position Limits of Four (4) Palladium Futures and Option Contracts

Effective at the close of trading February 27, 2020 for the March 2020 contract month and beyond, the New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will decrease the spot month position limits and accountability levels for four (4) Palladium futures and option contracts from 50 to 25 futures contract equivalents as noted below and in Exhibit A & B of NYMEX Submission No 20-091. Please note that the spot month limits and accountability levels in the February 2020 contract month are unchanged.

For the full text of this notice, please see the link attached below.