• Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Three (3) New Petroleum Crack Spread Average Price Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4928
      • Notice Date
      • 17 July 2009
      • Effective Date
      • 17 July 2009
    • In connection with the launch of three (3) new petroleum crack spread average price option contracts on trade date July 20, 2009, please note below the corresponding all month/any one month accountability levels (Rule 9A.26), expiration month position limits, (Rule 9A.27), reporting 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

      Com-modity Code

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Reporting Level

      Aggregate Into (1)

      Aggregate Into (2)

       

      Rule 9A.26

      Rule 9A.26

      Rule 9A.27

      Rule 9A.34

      Petroleum

       

       

       

       

       

       

       

      USA

       

       

       

       

       

       

       

      Cushing, Oklahoma

       

       

       

       

       

       

       

       

      RBOB Crack Spread Average Price Option

      559A

      3Y

      7,000/20,000

      5,000/10,000

      1,000/3,000

      25

      RB

      CL

      Heating Oil Crack Spread Average Price Option

      523A

      3W

      20,000/7,000

      10,000/5,000

      3,000/1,000

      25

      CL

      HO

       

      Europe

      Northwest Europe

       

       

       

       

       

       

       

      Gasoil Crack Spread Average Price Option

      710A

      3U

      20,000/7,000

      20,000/7,000

      2,000/1,000

      25

      BB

      GX