• Large Trader Reporting Requirement, All Month/Any One Month Accountability Levels, Expiration Month Position Limit, and Aggregation Allocation for a New Natural Gas Liquids Futures Contract

      • To
      • Memebers, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5354
      • Notice Date
      • 18 August 2010
      • Effective Date
      • 18 August 2010
    • In connection with the launch of the new Mont Belvieu Spot Ethylene In-Well (PCW) Futures contract on trade date August 23, 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 aggregation allocation 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 Joe Hawrysz, Director, Global Market Surveillance, at 312.341.7750, or Glenn Hofferber, Associate Director, Market Surveillance, at 212.299.2884. 

       

       

      (Bold/underlining indicates additions.)

       

      Contract Name

      Rule Chapter

      Commodity Code

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Reporting Level

      Aggregate Into (1)

      Aggregate Into (2)

       

       

       

      Rule 560

      Rule 560

      Rule 559

      Rule 561

       

       

       

      Light Hydrocarbons

       

       

       

       

       

       

       

       

      Mont Belvieu

       

       

       

       

       

       

       

       

       

      Mont Belvieu Spot Ethylene In-Well (PCW) Futures

      242

      MBE

      6,000

      4,000

      1,500

      25

      MBE