• Large Trader Reporting Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limits, and Diminishing Balances and Aggregation Allocations for Two (2) New Petroleum Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5039
      • Notice Date
      • 06 November 2009
      • Effective Date
      • 06 November 2009
    • In connection with the launch of two (2) new petroleum futures contracts on trade date November 9, 2009, please note below the corresponding all month/any one month accountability levels (NYMEX Rule 560), expiration month position limits (NYMEX Rule 559), reportable levels (NYMEX Rule 561), and diminishing balances and aggregation allocations for the new contracts.  The commodity codes are provided for the Clearing Members that file reports pursuant to NYMEX Rule 561.A 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 Chap-ter

      Com-modity Code

      Diminish-ing Balances Contracts

      All Month Account-ability Level

      Any One Month Account-ability Level

      Expiration Month Limit

      Report-ing Level

      Aggre-gate Into (1)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Petroleum

       

       

       

       

       

       

       

       

      Europe

       

       

       

       

       

       

       

       

      Northwest Europe

       

       

       

       

       

       

       

       

       

      PME Biodiesel (Argus) FOB Rotterdam Swap Futures

      505

      25

      *

      3,500

      2,500

      500

      25

      25

       

      SME Biodiesel (Argus) FOB Rotterdam Swap Futures

      504

      24

      *

      3,500

      2,500

      500

      25

      24