Notice to Members
Notice No. 288
07/11/2003
Large Trader Reporting Requirements, Accountability Levels, and Expiration Month Limits for Four Additional Natural Gas Basis Swap Futures Contracts
On the afternoon of July 17, 2003 for trade date July 18, 2003, the Exchange will begin offering trading on the NYMEX ClearPort(sm) system in four new cash-settled natural gas basis swap futures contracts: Transco Zone 3 Basis Swap, TETCO STX Basis Swap, TETCO ELA Basis Swap and Columbia Gulf Louisiana Basis Swap. The daily Large Trader Report for contracts submitted on July 21st, 2003, for the close of business on July 18th, 2003, must include reportable positions for these contracts.

For each of these four products, the quantity fixed for filing reports pursuant to NYMEX Rule 9.33 (Position Reporting) is 25 contracts. If a person controls or holds a position equal to, or greater than 25 long or short in any one month, then all such futures in that product, whether above the reportable level or not, shall be deemed reportable positions.

For the Clearing Members that file reports pursuant to NYMEX Rule 9.33 in a machine-readable format, the Exchange commodity codes and six-digit CFTC commodity codes for these additional products are as follows:
Contract Name Commodity Code Six Digit Code
Transco Zone 3 Basis Swap (Platts IFERC)
CZ
411659
TETCO STX Basis Swap (Platts IFERC)
TX
411658
TETCO ELA Basis Swap (Platts IFERC)
TE
411657
Columbia Gulf Louisiana Basis Swap (Platts IFERC)
GL
411656

Please note: All Clearing Firms and Omnibus accounts that have recently converted to the CFTC file format for the transmission of large trader data pursuant to NYMEX Rule 9.33 must identify the above by using the applicable two letter commodity code. However, all Clearing Firms and Omnibus accounts that have not yet converted to the CFTC format, and are currently transmitting in the old NYMEX format, must identify the above by using the applicable six digit code.

Additionally, the accountability levels, pursuant to NYMEX Rule 9.26 (All Month/Any One Month Position Accountability), and expiration position limits, pursuant to NYMEX Rule 9.27 (Expiration and Current Delivery Month Position Limits or Position Accountability), for each of the above Natural Gas Basis Swap contracts are as follows:

Any One Month/All Months Net Futures or Futures-Equivalent
Position Accountability Levels = 10,000 contracts
Expiration and Current Delivery Month Position Limits = 500 contracts
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com