• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Four (4) New Dow Jones Electricity Swap Futures Contracts

      • To
      • Members, Member Firms and Maret Users
      • From
      • Market Regulation Department
      • #
      • SER-5321
      • Notice Date
      • 21 July 2010
      • Effective Date
      • 26 July 2010
    • In connection with the launch of four (4) new Dow Jones electricity swap futures contracts on trade date July 26, 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 Joe Hawrysz, Director, Global Market Surveillance, at (312) 341-7750. 

       

      (Bold/underlining 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

       

      Electricity

       

       

       

       

       

       

       

      Dow Jones

       

      Dow Jones Palo Verde Electricity Price Index 5 MW Peak Swap Futures

      758

      DSP

      20,000

      10,000

      3,500

      25

      DSP

       

      Dow Jones Palo Verde Electricity Price Index 5 MW Off-Peak Swap Futures

      759

      DSO

      400,000

      250,000

      60,000

      25

      DSO

       

      Dow Jones Mead/Marketplace Electricity Price Index 5 MW Peak Swap Futures

      760

      DMP

      16,000

      8,000

      2,000

      25

      DMP

       

      Dow Jones Mead/Marketplace Electricity Price Index 5 MW Off-Peak Swap Futures

      761

      DMO

      200,000

      120,000

      40,000

      25

      DMO