• Large Trader Reporting Requirement, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limit, and Diminishing Balances and Aggregation Allocations for the New Gulf Coast No. 6 Fuel Oil 3.0% (Platts) Average Price Option Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5145
      • Notice Date
      • 18 February 2010
      • Effective Date
      • 18 February 2010
    • In connection with the launch of the new Gulf Coast No. 6 Fuel Oil 3.0% (Platts) Average Option contract on trade date February 22, 2010, please note below the corresponding all month/any one month accountability levels (NYMEX Rule 560), expiration month position limit (NYMEX Rule 559), reportable level (NYMEX Rule 561), and diminishing balances and aggregation allocations for the new contract.  This contract will be added to the Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 of the NYMEX Rulebook.  The commodity code is 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. 


      (Bold/underlining indicates additions; strikethrough indicates deletions)


      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

      Reporting Level

      Aggregate Into (1)

      Aggre-gate Into (2)

      Rule 560

      Rule 560

      Rule 559

      Rule 560





















      Gulf Coast










      Gulf Coast No. 6 Fuel Oil 3.0% (Platts) Average Price Option