Notice to Members
Notice No. 96 03/04/2005
Large Trader Reporting Requirements and Accountability Levels for the Dated Brent Calendar Swap Contract
Commencing with the March 7, 2005 trade date, for the trading session which starts at 7:00 P.M. EST on March 6, 2005, the Exchange will begin offering trading on its NYMEX ClearPortsm system in the Dated Brent Calendar Swap contract. The Daily Large Trader Report for contracts submitted on March 8, 2005, for close of business March 7, 2005, must include reportable positions for this contract. For this contract, the quantity fixed for filing reports pursuant to NYMEX Rule 9.34 (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 this contract, 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 code for this contract is UB. Additionally, the accountability level, pursuant to NYMEX Rule 9.26 (All Month/Any One Month Position Accountability) for the Dated Brent Calendar Swap contract is 5,000 contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com