• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Two (2) New Plastics Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5486
      • Notice Date
      • 03 December 2010
      • Effective Date
      • 06 December 2010
    • In connection with the launch of two (2) new plastics futures contracts on trade date December 6, 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, and Ryne Toscano, Lead Market Surveillance Analyst, at 212.299.2879.
       
      (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
       
      Plastics
       
       
       
       
       
       
       
       
      PP Polypropylene (PCW) Calendar Swap Futures
      736
      PPP
      12,000
      12,000
      2,500
      25
      PPP
       
      PGP Polymer Grade Propylene (PCW) Calendar Swap Futures
      711
      PGP
      3,000
      3,000
      300
      25
      PGP