• Administrative Amendments to the Position Limit, Position Accountability and Reportable Level Table in Chapter 5 of the NYMEX Rulebook for Two (2) Natural Gas Swap Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5925
      • Notice Date
      • 08 September 2011
      • Effective Date
      • 09 September 2011

    • Effective trade date Friday, September 9, 2011, the New York Mercantile Exchange, Inc. (NYMEX) will increase the spot month position limits for SoCal City-Gate Basis Swap (Platts IFERC) futures contract (commodity code 9A) and related second leg of the SoCal City-Gate Natural Gas Index Swap (Platts Gas Daily/Platts IFERC) futures contract (commodity code N5) from 500 contract units to 2,000 contract units.

       

      The NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Level Table, amended to reflect the increase in the spot month position limit (NYMEX Rule 559) for the contracts is provided below.

       

      Contract related questions can be directed to Chris Reinhardt, Associate Director, Market Surveillance, at 212.299.2882, and Ryne Toscano, Lead Market Surveillance Analyst, at 212.299.2879.

       

       

       

       


       

      NYMEX Chapter 5 Position Limit Table

       (Bold/underlining indicates additions; strikethrough indicates deletions.)

       

       

       

      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)

      Aggre- gate Into (2)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Natural Gas

       

       

       

       

       

       

       

       

      Inside FERC

       

       

       

       

       

       

       

       

      California

       

       

       

       

       

       

       

       

       

      SoCal City-Gate Basis Swap (Platts IFERC) Futures

      437

      9A

      7,000

      5,000

      500 2,000

      25

      9A

       

       

      SoCal City-Gate Natural Gas Index Swap (Platts Gas Daily / Platts IFERC) Futures

      455

      N5

      3,500/ 7,000

      2,500/ 5,000

      500/ 500 2,000

      25

      T9

      9A

       

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