• Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Six (6) New Climate Action Reserve Futures and Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5172
      • Notice Date
      • 18 March 2010
      • Effective Date
      • 18 March 2010
    • In connection with the launch of six (6) new Climate Action Reserve Futures and Option contracts on trade date March 22, 2010, 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.  These contracts 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 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. 

       

      (Bold/underline indicates additions.)

       

      Contract Name

      Rule Chap-ter

      Com-modity Code

      All Month Account-ability Level

      Any One Month Account-ability Level

      Expira-tion Month Limit

      Report-ing Level

      Aggre-gate Into (1)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Emissions

       

       

       

       

       

       

       

      Climate Action Reserve (CAR) Futures

      917

      CR

      700

      500

      100

      10

      CR

      Climate Action Reserve (CAR)

      Option

      918

      CO

      700

      500

      100

      10

      CR

      Climate Action Reserve (CAR) Futures-Vintage 2009

      917

      92

      700

      500

      100

      10

      CR

      Climate Action Reserve (CAR) Futures-Vintage 2010

      917

      93

      700

      500

      100

      10

      93

      Climate Action Reserve (CAR) Futures-Vintage 2011

      917

      94

      700

      500

      100

      10

      94

      Climate Action Reserve (CAR) Futures-Vintage 2012

      917

      95

      700

      500

      100

      10

      95