NOTICE OF DISCIPLINARY ACTION

NON-MEMBER:

PROSPERITY STEEL UNITED SINGAPORE PTE LTD.

NYMEX RULE VIOLATION: 562. POSITION LIMIT VIOLATIONS

Any positions in excess of those permitted under the rules of the Exchange shall be deemed position limit violations.

FINDINGS:

Pursuant to an offer of settlement Prosperity Steel United Singapore PTE Ltd. (“Prosperity”) presented at a hearing on May 28, 2015, in which Prosperity neither admitted nor denied the rule violation upon which the penalty is based, a Panel of the NYMEX Business Conduct Committee (“BCC”) found that it had jurisdiction over Prosperity pursuant to Exchange Rules 402 and 418, and that on February 24, 2014, Prosperity Steel held a futures equivalent position of 1,510 short March 2014 Henry Hub Natural Gas Futures contracts, which was 510 contracts (51.0%) over the standard expiration month limit which was in effect for trade dates February 24, 25, and 26, 2014. Prosperity subsequently liquidated its overage position, resulting in profits of $573,900.00.

The Panel found that as a result, Prosperity violated Rule 562.

PENALTY:

In accordance with the settlement offer, the Panel ordered Prosperity to pay a fine to the Exchange in the amount of $25,000 and disgorge profits in the amount of $573,900.