The New York Mercantile Exchange, Inc. (“NYMEX”) will amend NYMEX Chapter 5, Position Limits, Accountability Levels and Reportable Levels Table to remove the diminishing balance allocation (*) for the RBOB Gasoline Crack Spread Option contract. Diminishing balance contracts are those whose front month volume in any given contract month diminishes as the contract month progresses towards month’s end. This denotation was inadvertently applied to this contract. The change will be reflected in the Position Limit Table effective on trade date October 12, 2010.
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; 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 |
Expira-tion Month Limit |
Report-ing Level |
Aggre-gate Into (1) |
Aggre-gate Into (2) |
|
|
|
|
Rule 560 |
Rule 560 |
Rule 559 |
Rule 561 |
|
|
Petroleum |
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|
|
|
|
|
|
|
|
New York Harbor |
|
|
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|
|
|
|
|
|
RBOB Gasoline Crack Spread Option |
387 |
RX |
|
7,000/ 20,000 |
5,000/ 10,000 |
1,000/ 3,000 |
25 |
RB |
CL |