• Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Two (2) New NYISO Electricity Futures Contracts, and an Administrative Amendment for an Existing NYISO Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5040
      • Notice Date
      • 06 November 2009
      • Effective Date
      • 06 November 2009
    • In connection with the launch of two (2) new NYISO electricity 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 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.  In addition, an administrative amendment was made to correct the aggregation allocation for an existing NYISO contract (Chapter 903, commodity code K4).    

       

      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 560

      Rule 560

      Rule 559

      Rule 561

      Electricity

       

       

       

       

       

       

       

      New York Independent Systems Operator (NYISO)

       

       

       

       

       

       

       

      NYISO Zone F 5 MW Peak Calendar-Month Day-Ahead LBMP Swap Futures

      907

      4L

      14,000

      10,000

      2,000

      25

      4L

      NYISO Zone F 5 MW Off-Peak Calendar-Month Day-Ahead LBMP Swap Futures

      908

      4M

      280,000

      200,000

      40,000

      25

      4M

      NYISO Zone A 5 MW Off-Peak Calendar Month Day-Ahead LBMP Swap Futures

      903

      K4

      100,000

      75,000

      15,000

      25

      KB K4