• Increase of Spot Month Position Limits of Three (3) Brent Futures Contracts and Related Aggregation Position Limits Amendments

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      • MSN05-12-23
      • Notice Date
      • 12 May 2023
      • Effective Date
      • 01 June 2023
    • Effective on June 1, 2023, the New York Mercantile Exchange, Inc.’s (“NYMEX” or “Exchange”) will increase the spot month position limits from 5,000 to 7,000 futures contract equivalent for the Brent Crude Oil Last Day Financial Futures and Brent Crude Oil Penultimate Financial Futures for the August 2023 contract month and beyond and for the Dated Brent (Platts) Financial Futures for the June 2023 contract month and beyond as noted below and in Exhibit A of NYMEX Submission No. 23-168. Please note that the spot month limits for the July 2023 contract month for the Brent Crude Oil Last Day Financial Futures and Brent Crude Oil Penultimate Financial Futures and for the May 2023 contract month of the Dated Brent (Platts) Financial Futures are unchanged.

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