• Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, and Expiration Month Position Limits, and Aggregation Allocations for Six (6) New Petroleum Swap Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4894
      • Notice Date
      • 12 June 2009
      • Effective Date
      • 12 June 2009
    • In connection with the launch of six (6) new petroleum swap futures contracts on trade date June 15, 2009, please note below the corresponding all month/any one month accountability levels (Rule 9A.26), expiration month position limits (Rule 9A.27), reportable levels (Rule 9A.34) and aggregation allocations for the new contracts.  The commodity codes are provided for the Clearing Members that file reports pursuant to NYMEX Rule 9A.33 in a machine-readable format.   

       

      Contract related questions can be directed to Anthony V. Densieski, Director, Market Surveillance at 212.299.2881, or Chris Reinhardt, Supervisor, Market Surveillance at 212.299.2884.  Please contact Martin Jacobs, Senior Director, Applications Development at 212.299.2829 if you have any information services questions. 

       

      (Bold/underline indicates additions.)

       

       

      Contract Name

      Rule Chapter

      Commodity Code

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Report-ing Level

      Aggre-gate Into (1)

      Aggre-gate Into (2)

       

       

       

      Rule 9A.26

      Rule 9A.26

      Rule 9A.27

      Rule 9A.34

       

       

      Petroleum

       

       

       

       

       

       

       

       

      USA

       

       

       

       

       

       

       

       

      Gulf Coast

       

       

       

       

       

       

       

       

       

      Gulf Coast Heating Oil (Argus) Swap Futures

      243

      4U

      10,000

      10,000

      1,000

      25

      4U

       

       

      Gulf Coast Heating Oil (Argus) vs. Heating Oil Spread Swap Futures

      244

      7U

      10,000/5,000

      10,000/5,000

      1,000/1,000

      25

      4U

      HO

      New York Harbor

       

       

       

       

       

       

       

       

      New York ULSD (Argus) Swap Futures

      245

      5Y

      10,000

      10,000

      1,000

      25

      5Y

       

       

      New York ULSD (Argus) vs. Heating Oil Spread Swap Futures

      246

      7Y

      10,000/7,000

      10,000/5,000

      1,000

      25

      5Y

      HO

      New York Jet Fuel (Argus) Swap Futures

      247

      4Y

      5,000

      5,000

      250

      25

      4Y

       

       

      New York Jet Fuel (Argus) vs. Heating Oil Spread Swap Futures

      248

      5U

      7,000/2,000

      5,000/1,500

      1,000/250

      25

      4Y

      HO