• Administrative Amendments to NYMEX Rules 9A.26 and 9A.27 for Six (6) SO2 Emission 25-Allowance Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4936
      • Notice Date
      • 17 July 2009
      • Effective Date
      • 21 July 2009
    • Effective July, 21, 2009, the New York Mercantile Exchange, Inc. is amending the all month/any one month accountability levels (Rule 9A.26), expiration month position limits (Rule 9A.27) and aggregation allocations for six (6) sulfur dioxide (SO2) emission 25-allowance futures contracts that were launched on July 13, 2009.  These amendments correct inadvertent administrative clerical errors.

       

      Please note that the amendments to Appendix A attached herewith reflect expiration month position limits expressed in the futures equivalent of the contract into which the SO2 Emission 25-Allowance Futures contracts aggregate.  Therefore, the expiration month position limits of the SO2 Emission 25-Allowance Futures contracts continue to be 10,000 contracts or 2,500 RS-equivalent contracts, as reflected in the attached amendment to Appendix A.

       

      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. 

       


      AMENDMENTS TO NYMEX RULES 9A.26 and 9A.27

      APPENDIX A

       

      (Bold/underline indicates additions; strikethrough indicates deletions)

       

      Contract Name

      Rule Chapter

      Com-modity Code

      All Month Account-ability Level

      Any One Month Account-ability Level

      Expiration Month Limit

      Reporting Level

      Aggre-gate Into (1)

      Rule 9A.26

      Rule 9A.26

      Rule 9A.27

      Rule 9A.34

      Emissions

       

       

       

       

       

       

       

       

      SO2 Emission 25-Allowance Futures

      554

      09

      70,000 17,500

      50,000 12,500

      10,000 2,500

      25

      09 RS

       

      SO2 Emission 25-Allowance Futures 2010

      554

      10

      70,000 17,500

      50,000 12,500

      10,000 2,500

      25

      10 RS

       

      SO2 Emission 25-Allowance Futures 2011

      554

      11

      70,000 17,500

      50,000 12,500

      10,000 2,500

      25

      11 RS

       

      SO2 Emission 25-Allowance Futures 2012

      554

      12

      70,000 17,500

      50,000 12,500

      10,000 2,500

      25

      12 RS

       

      SO2 Emission 25-Allowance Futures 2013

      554

      13

      70,000 17,500

      50,000 12,500

      10,000 2,500

      25

      13 RS

       

      SO2 Emission 25-Allowance Futures 2014

      554

      14

      70,000 17,500

      50,000 12,500

      10,000 2,500

      25

      14 RS