In connection with the launch of two (2) new petroleum spread futures contracts on trade date September 12, 2011 (see SER-5904 dated August 31, 2011), 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), diminishing balances 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 Chris Reinhardt, Associate Director, Market Surveillance, at 212.299.2882, and Ryne Toscano, Supervisor, Market Surveillance, at 212.299.2879.
NYMEX Rulebook Chapter 5 Position Limit Table
(Bold/underlining indicates additions; strikethrough indicates deletions)
NYMEX Rulebook Chapter 5 Position Limit Table
(Bold/underlining indicates additions)
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) |
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Rule 560 |
Rule 560 |
Rule 559 |
Rule 561 |
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Petroleum |
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Europe |
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Northwest Europe |
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European Diesel 10 ppm Barges FOB Rdam vs. Gasoil 50 ppm (Platts) Barges FOB Rdam Swap Futures |
1124 |
ENF |
* |
5,000/ 1,000 |
5,000/ 1,000 |
500/ 150 |
25 |
GT |
GFS |
Gasoil 50 ppm Barges FOB Rdam vs. Gasoil 0.1% (Platts) Barges FOB Rdam Swap Futures |
1123 |
GFN |
* |
1,000/ 1,000 |
500/ 500 |
150/ 150 |
25 |
GFS |
VL |