Notice to Members
Notice No. 284
05/30/2007
COMEX Spot Month Copper Position Limit Decrease, and Amendment to NYMEX Rule 9.27, Expiration Month Limit
Based on the current COMEX Copper warehouse stocks and pursuant to COMEX Rule 104.47(b), the Copper Control Committee, on behalf of the Exchange, has determined to decrease the Copper Futures spot month position limit from 700 contracts to 500 contracts, effective the close of business Thursday, May 31, 2007, for trade date June 1, 2007.

Chapter 9, Appendix A has been amended accordingly, as follows:

(Bold/strikethrough indicates deletions; bold/italics indicates additions.)

Contract Name
Rule Chapter
Commodity
Code
All/ Any One Month
Accountability Level
All/ Any One Month
Accountability Level
Expiration Month Limit
Aggregate
Into (1)
Aggregate
Into (2)
 
 
 
Rule 9.26
Rule 9.27
Rule 9.34
 
 
Metals              
COMEX Division- Copper Contract Rules
111
HG
5,000
700 500
25
HG
 
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com