| Notice to Members | ||||||||||||||||||||||||||||||||||||||
| Notice No. 211 04/21/2006 |
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| Five New New York Harbor Gasoline Blendstock (RBOB) Swap 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 ten new European Energy Futures
Contracts commencing Monday, March 13, 2006.
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 or Futures- Equivalent Position Accountability Levels
*The following RBOB related swap contracts are aggregated for purposes of Position Accountability: The RBOB Calendar Swap (RL), and the RBOB Bullet Swap Contract (RT), will be aggregated along with the RBOB legs of the RBOB Crack Spread Swap (RM), RBOB Up-Down Calendar Swap Contract (RV) and the RBOB vs. Heating Oil Swap Contract with the New York Harbor Blendstock (RBOB) Contract (RB) = 7,000 Contracts The WTI leg of the RBOB Crack Spread Swap (RM) will be aggregated with the Light "Sweet" Crude Oil Futures Contract (CL) = 20,000 Contracts The Gulf Coast Unleaded Gasoline leg of the RBOB Up-Down Calendar Swap Contract (RV) will be aggregated with the NYMEX Gulf Coast Unleaded Gasoline Contract (GU) = 7,000 Contracts The Heating Oil leg of the RBOB vs. Heating Oil Swap Contract (RH) will be aggregated with the New York Harbor No. 2 Heating Oil Contract (HO) = 7,000 Contracts
** The following RBOB related swap contracts are aggregated for purposes of Expiration Position limits: The RBOB Calendar Swap (RL), and the RBOB Bullet Swap Contract (RT), will be aggregated along with the RBOB legs of the RBOB Crack Spread Swap (RM), RBOB Up-Down Calendar Swap Contract (RV) and the RBOB vs. Heating Oil Swap Contract with the New York Harbor Blendstock (RBOB) Contract (RB) = 1,000 Contracts The WTI leg of the RBOB Crack Spread Swap (RM) will be aggregated with the Light "Sweet" Crude Oil Futures Contract (CL) = 2,000 Contracts The Gulf Coast Unleaded Gasoline leg of the RBOB Up-Down Calendar Swap Contract (RV) will be aggregated with the NYMEX Gulf Coast Unleaded Gasoline Contract (GU) = 1,000 Contracts The Heating Oil leg of the RBOB vs. Heating Oil Swap Contract (RH) will be aggregated with the New York Harbor No. 2 Heating Oil Contract (HO) = 1,000 Contracts For the five New York Harbor Gasoline Blendstock (RBOB) Swap Contracts, 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 listed above. |
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |