| Notice to Members | ||||||||||||||||||||
| Notice No. 415 10/29/2004 |
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| Large Trader Reporting Requirements, Accountability Levels and Expiration and Current Delivery Month Limits for the Eastern Rail CSX Coal Swap (QX), Western Rail PRB Coal Swap (QP) and the ISO New England Internal Hub Peak LMP Swap (NI) | ||||||||||||||||||||
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| Commencing with the November 1, 2004, trade date, for the trading session which
starts at 7:00 P.M. on October 31, 2004, the Exchange will begin offering trading
on its NYMEX ClearPort(sm) system trading in two new Coal Swap contracts and one
Electricity Swap contract. The Daily Large Trader Report for contracts submitted
on November 2, 2004, for close of business November 1, 2004, must include reportable
positions for these contracts.
For these 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 in any of these contracts, then all the contracts, 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 for these additional products
are as follows:
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 the above contracts are as follows:
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |