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Position Limits in Treasury Futures During Last Ten Trading Days

The position limits for each contract and their effective dates are detailed in the table below:

September 2006

Contract

Position Limit During Last Ten Trading Days

Effective Date

(by close of business on)

Treasury Bonds

25,000 contracts

September 6, 2006

Ten-Year Treasury Notes

50,000 contracts

September 6, 2006

Five-Year Treasury Notes

35,000 contracts

September 15, 2006

Two-Year Treasury Notes

25,000 contracts

 September 15, 2006

 

In determining compliance with these limits, all positions in accounts for which the person, by power of attorney or otherwise, directly or indirectly controls trading shall be aggregated.   A 10% or more financial ownership interest in an account constitutes control; consequently,   separate accounts owned by the same legal entity are aggregated, irrespective of whether the accounts have independent account controllers.  These limits also apply to positions held by two or more persons acting pursuant to an express or implied understanding.

Questions regarding the Treasury position limits or the manner by which accounts are aggregated for position limit purposes should be directed to Joe Hawrysz, Managing Director of the Office of Investigations and Audits, at (312) 341-7750 or at jhawrysz@cbot.com.

 

 




 
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