| Notice to Members | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notice No. 671 12/20/2006 |
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| Amendment to Chapter 9 Appendix A, Rule 11.63 Electronic Trading Error Procedures and Rule 9.27A Expiration Accountability Levels - Extending Maximum Maturity Date for Letters of Credit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In connection with the launch of Soft Commodity Futures contracts, NYMEX is amending certain rules. Effective for trade date December 21, 2006, the amendments (seen here) include the following: 1) defining the reportable levels, Expiration Position Accountability Levels, Any one month/All month Accountability Levels for six new futures contracts (Chapter 9-Appendix A); 2) defining the applicable timing of the Expiration Position Accountability Levels for the six new futures contracts (Rule 9.27A); and 3) deleting all references to NYMEX ACCESS as that electronic trading system that is no longer in use, and adding appropriate "no bust ranges" and associated information for the six new futures contracts in Rule 11.63. The rule amendments are attached for your reviews. ***** (Deletions are in bold/strikethrough; additions are in bold/underlined)
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||