• Administrative Amendments to NYMEX Rules 9A.26 and 9A.27 for Three (3) Petroleum Swap Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4901
      • Notice Date
      • 19 June 2009
      • Effective Date
      • 22 June 2009
    • The New York Mercantile Exchange is amending the all month/any one month accountability levels (Rule 9A.26) and expiration month position limits (Rule 9A.27) for three (3) petroleum swap futures contracts that were launched on June 15, 2009.  The amendments correct inadvertent administrative errors as indicated below.    

       

      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)

      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) vs. Heating Oil Spread Swap Futures

      244

      7U

      10,000/5,000   7,000

      10,000/5,000

      1,000/1,000

      25

      4U

      HO

      New York Harbor

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

      246

      7Y

      10,000/7,000

      10,000/5,000

      1,000/1,000

      25

      5Y

      HO

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

      248

      5U

      7,000/2,000

      2,000/7,000

      5,000/1,500

      1,500/5,000

      1,000/250

      250/1,000

      25

      4Y

      HO