• Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limits, Reporting Levels and Aggregation Allocations for Four (4) New In Delivery Month EUA and CER Futures and Options Contracts and Administrative Amendments for Existing Related Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4899
      • Notice Date
      • 18 June 2009
      • Effective Date
      • 18 June 2009
    • In connection with the launch of four (4) new In Delivery Month European Union Allowance (“IDM EUA”) and In Delivery Month Certified Emission Reduction (“IDM CER”) futures and options contracts on trade date June 22, 2009, please note below the corresponding 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.     

       

      Additionally, please note administrative amendments to four (4) existing related contracts whose aggregation allocations are affected with the launch of the aforementioned new contracts, and changes to conform the contract names to the new contracts.

       

      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; strikethrough indicates deletions.)

       

       

       

      Contract Name

      Rule Chapter

      Commodity Code

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Reporting Level

      Aggregate Into (1)

      Rule 9A.26

      Rule 9A.26

      Rule 9A.27

      Rule 9A.34

       

      Emissions

       

       

       

       

       

       

       

      In Delivery Month European Union Allowance (EUA) Futures

      850

      6T

      70,000

      50,000

      10,000

      25

      6T

      In Delivery Month European Union Allowance (EUA) Option

      851

      6U

      70,000

      50,000

      10,000

      25

      6T

       

      European Union Allowance (EUA) Futures Contract

      868

      RC

      10,000

      5,000

      2,500

      25

      RC 6T

       

      European Union Allowance (EUA) Option Contract

      869

      AV

      10,000

      5,000

      2,500

      25

      RC 6T

      In Delivery Month Certified Emission Reduction (CER) Futures

      852

      6S

      30,000

      20,000

      4,000

      25

      6S

      In Delivery Month Certified Emission Reduction (CER) Option

      853

      6P

      30,000

      20,000

      4,000

      25

      6S

       

      Certified Emission Reduction (CER) Futures Contract

      870

      VA

      5,000

      2,500

      1,250

      25

      VA 6S

       

      Certified Emission Reduction (CER) Option Contract

      872

      VG

      5,000

      2,500

      1,250

      25

      VA 6S