• Position Limits, Accountability Levels and Large Trader Reporting Requirements in Connection with the Initial Listing of Two Iron Ore China Portside (Argus) Futures Contracts

      • #
      • MSN01-05-22
      • Notice Date
      • 05 January 2022
      • Effective Date
      • 10 January 2022
    • In connection with the initial listing of Commodity Exchange, Inc.’s (“COMEX” or “Exchange”) Iron Ore China Portside Fines CNH fot Qingdao (Argus) Futures and Iron Ore China Portside Fines USD Seaborne Equivalent (Argus) Futures Contracts on trade date Monday, January 10, 2022 (see SER-8896 published December 9, 2021), please note below and in Exhibit B of COMEX Submission No 21-494, 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 contracts. The new, financially settled, contracts will have diminishing balances.

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