Notice to Members
Notice No. 557
12/20/2007
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, the Control Committee was convened and determined to decrease the Copper Futures spot month position limit from 350 contracts to 250 contracts, effective the close of business Friday, December 28, 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
350 250
25
HG
 
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com