• Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Four (4) New Coal Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5265
      • Notice Date
      • 07 September 2010
      • Effective Date
      • 07 September 2010
    • In connection with the launch of four (4) new coal contracts on trade date September 13, 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 Glenn Hofferber, Associate Director, Market Surveillance, at 212.299.2884, or Joe Hawrysz, Director, Global Market Surveillance, at 312.341.7750. 

       


       

      (Bold/underlining indicates additions)

       

       

       

      Contract Name

      Rule Chapter

      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

      Coal

       

       

       

       

       

       

       

       

      Coal (API 2) cif ARA (Argus/McCloskey) Swap Futures

      926

      MTF

      7,000

      7,000

      3,500

      25

      MTF

       

      Coal (API 2) cif ARA (Argus/McCloskey) Option

      927

      MTO

      7,000

      7,000

      3,500

      25

      MTF

       

      Coal (API 4) fob Richards Bay (Argus/McCloskey) Swap Futures

      928

      MFF

      5,000

      5,000

      2,500

      25

      MFF

       

      Coal (API 4) fob Richards Bay (Argus/McCloskey) Option

      929

      MFO

      5,000

      5,000

      2,500

      25

      MFF