Notice to Members
Notice No. 296
07/21/2005
Two New Freight Futures Contracts - Large Trader Reporting Requirements, Expiration Position Limits, and All Month/Any One Month Position Accountability Levels
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:

Contract Name
Commodity Code
Freight Route TD9 Swap
TN
Freight Route TD10 Swap
TO


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:

Any one Month/All Months Net Futures of Futures-
Equivalent Position Accountability Levels
10,000
Expiration Position Limits
1,000

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.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com