Notice to Members
Notice No. 23 01/13/2006
Amendments to NYMEX Rule 9.27 Regarding Two-Year Forward NYMEX NOX Emissions Allowance Futures Contract and Three-Year Forward NYMEX NOX Emissions Allowance Futures Contract; Amended Position Limits; and Housekeeping Changes
At its meeting on January 11, 2006, the Board of Directors reviewed and approved the following changes to NYMEX Division Rule 9.27, Expiration and Current Delivery Month Position Limits or Position Accountability: (Strikethrough in bold indicates deletion; italics in bold indicates addition.) NYMEX Rule 9.26, All Month/Any One Month Position Accountability Rule 9.26, paragraph (D) 1. Futures Contracts Listed for Open Outcry Trading remains unchanged through line item: Banked NOX Emissions Allowance 2,500 contracts One-Year Forward NOX Emissions Allowance Futures Contract 2,500 contracts Two-Year Forward NOX Emissions Allowance Futures Contract 2,500 contracts Three-Year Forward NOX Emissions Allowance Futures Contract 2,500 contracts NYMEX Rule 9.27, Expiration and Current Delivery Month Position Limits or Position Accountability Rule 9.27, paragraph (B) 1. Futures Contracts Listed for Open Outcry Trading remains unchanged through line item: Banked NOX Emissions Allowance 200 contracts One-Year Forward NYMEX NOX Emissions Allowance Futures Contract 200 contracts Two-Year Forward NYMEX NOX Emissions Allowance Futures Contract 200 125 contracts Three-Year Forward NYMEX NOX Emissions Allowance Futures Contract 200 125 contracts NYMEX Rule 9.34, Reporting Levels Rule 9.34, paragraph (A) remains unchanged through line item: Banked NOX Emissions Allowance 25 contracts One-Year Forward NYMEX NOX Emissions Allowance Futures Contract 25 contracts Two-Year Forward NYMEX NOX Emissions Allowance Futures Contract 25 contracts Three-Year Forward NYMEX NOX Emissions Allowance Futures Contract 25 contracts (Remainder of the Rule is unchanged)
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com