| Notice to Members | ||||||||||||
| Notice No. 296 07/21/2005 |
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| Two New Freight Futures Contracts - Large Trader Reporting Requirements, Expiration Position Limits, and All Month/Any One Month Position Accountability Levels | ||||||||||||
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| The New York Mercantile Exchange, Inc. will launch two new Freight Futures Contracts
commencing Monday, July 25, 2005. For these products, the quantity fixed for filing reports pursuant to NYMEX Rule 9.33 (Position Reporting) is 25 contracts. If a customer 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:
Please contact Martin Jacobs at (212) 299-2829 if you have any technical questions. General questions can be directed to Anthony V. Densieski, Senior Director, Market Surveillance, at (212) 299-2881, Nicholas G. Galati, Director, Market Surveillance, at (212) 299-2920, or Bonnie Yurga, Senior Manager, Market Surveillance, at (212) 299-2879. |
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |