• Position Limits, Accountability Levels and Large Trader Reporting Requirements in Connection with the Initial Listing of the Freight Route TC17 (Baltic) Futures Contract

      • #
      • MSN07-22-20
      • Notice Date
      • 22 July 2020
      • Effective Date
      • 27 July 2020
    • In connection with the listing of New York Mercantile Exchange, Inc.’s (“NYMEX” or “Exchange”) one (1) Freight Route TC17 (Baltic) Futures contract on trade date Monday, July 27, 2020 (see SER-8614 published June 29, 2020), please note below and in Exhibit B of NYMEX Submission No. 20-243, the corresponding spot-month position limit (Rule 559), aggregation allocation (Rule 559.D.), single month and all month accountability levels (Rule 560) and reportable level (Rule 561) for the new contract. The new, financially settled, contract shall have a diminishing balance.

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