03/14/2008
Please note below the corresponding accountability levels (Rule 9.26), position limits (Rule 9.27) and reportable levels (Rule 9.34) for ten new Emissions futures contracts and two new Emissions options contracts.
In connection with the launch of these new Emissions contracts, Appendix A of Chapter 9 has been updated: (1) to create separate product categories for the Exchange’s emissions and coal contracts; (2) to reflect the de-listing of four of the Exchange’s existing emission’s contracts; and (3) to amend position limits and accountability levels for the Exchange’s existing NYMEX NO X Emissions Allowance Futures (RN) and NYMEX SO 2 Emissions Allowance Futures (RS) Contracts.
For the Clearing Members that file reports pursuant to NYMEX Rule 9.33 in a machine-readable format, Exchange commodity codes are provided below.
Contract-related questions may be directed to Anthony V. Densieski, Vice President, Market Surveillance, at (212) 299-2881, R. Stephen Painter Jr., Director and Counsel, Market Surveillance, at (212) 299-2920, Christopher Reinhardt, Manager, Market Surveillance, at (212) 299-2884, or Jessica Labrucherie, Market Surveillance, at (212) 299-2890. Please contact Martin Jacobs, Senior Director, Applications Development, at (212) 299-2829 with any information services questions.
* * * *
( Bold underlining indicates insertion, and strikethrough indicates deletion.)
Appendix (A), Chapter 9
Contract Name |
Rule Chapter |
Commodity Code |
All Month Accountability Level |
Any One Month Accountability Level |
Expiration Month Limit |
Reporting Level |
Aggregate Into (1) |
|
|
|
Rule 9.26 |
Rule 9.26 |
Rule 9.27 |
Rule 9.34 |
|
Coal and Emissions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annual NOX Emissions Allowance Vintage 2009 Futures Contract |
864 |
WW |
4,500 |
2,500 |
1,500 |
25 |
WW |
Annual NOX Emissions Allowance Vintage 2010 Futures Contract |
865 |
YP |
3,500 |
2,000 |
1,000 |
25 |
YP |
Annual NOX Emissions Allowance Vintage 2011 Futures Contract |
866 |
YQ |
3,500 |
2,000 |
1,000 |
25 |
YQ |
Annual NOX Emissions Allowance Vintage 2012 Futures Contract |
867 |
YR |
3,500 |
2,000 |
1,000 |
25 |
YR |
NYMEX NOX Emissions Allowance Futures Contract |
783 |
RN |
2,500 |
2,500 1,200 |
200 600 |
25 |
RN |
Seasonal NOX Emissions Allowance Vintage 2009 Futures Contract |
860 |
YI |
2,500 |
1,200 |
600 |
25 |
YI |
Seasonal NOX Emissions Allowance Vintage 2010 Futures Contract |
861 |
YJ |
2,000 |
1,000 |
500 |
25 |
YJ |
Seasonal NOX Emissions Allowance Vintage 2011 Futures Contract |
862 |
YN |
2,000 |
1,000 |
500 |
25 |
YN |
Seasonal NOX Emissions Allowance Vintage 2012 Futures Contract |
863 |
YM |
2,000 |
1,000 |
500 |
25 |
YM |
NYMEX SO2 Emissions Allowance Futures Contract |
782 |
RS |
2,500 2,000 |
2,500 1,000 |
200 375 |
25 |
RS |
SO2 Emissions Allowance Option Contract |
871 |
AS |
2,000 |
1,000 |
375 |
25 |
RS |
European Union Allowance (EUA) Futures Contract |
868 |
RC |
10,000 |
5,000 |
2,500 |
25 |
RC |
European Union Allowance (EUA) Option Contract |
869 |
AV |
10,000 |
5,000 |
2,500 |
25 |
RC |
Certified Emission Reduction (CER) Futures Contract |
870 |
VA |
5,000 |
2,500 |
1,250 |
25 |
VA |
Banked NYMEX NOX Emissions Allowance Futures Contract |
800 |
RO |
2,500 |
2,500 |
200 |
25 |
RO |
One-Year Forward NYMEX NOX Emissions Allowance Futures Contract |
801 |
RP |
2,500 |
2,500 |
200 |
25 |
RO |
Two-Year Forward NYMEX NOX Emissions Allowance Futures Contract |
802 |
RQ |
2,500 |
2,500 |
200 |
25 |
RO |
Three-Year Forward NYMEX NOX Emissions Allowance Futures Contract |
803 |
RR |
2,500 |
2,500 |
200 |
25 |
RO |
|
|
|
|
|
|
|
|
Coal |
|
|
|
|
|
|
|
Central Appalachian Coal Futures Contract |
260 |
QL |
5,000 |
5,000 |
200 |
25 |
QL |
NYMEX CSX COAL Swap (Platts OTC Broker Index) Contract |
261 |
QX |
5,000 |
5,000 |
200 |
25 |
QX |
NYMEX Powder River Basin Coal Swap (Platts OTC Broker Index) Contract |
262 |
QP |
5,000 |
5,000 |
200 |
25 |
QP |