• Amendments - Position Limit, Position Accountability and Reportable Level Table in Chapter 5 of the NYMEX Rulebook for Two Canadian Heavy Crude Oil Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6060
      • Notice Date
      • 22 December 2011
      • Effective Date
      • 06 January 2012
    • Please be advised that effective January 6, 2012, and pending all relevant CFTC regulatory review periods, the New York Mercantile Exchange, Inc. (NYMEX) is implementing amendments to the NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Level Table to decrease the expiration month position limits for the Canadian Heavy Crude Oil (Net Energy) Index Futures and Canadian Heavy Crude Oil (Net Energy) Index Average Price Option contracts to 1,000 contract units.     

       

      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.)

      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)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Petroleum

       

       

       

       

       

       

       

       

      Canada

       

       

       

       

       

       

       

       

      Canadian Heavy Crude Oil (Net Energy) Index Futures

      263

      WCC

       

      20,000

      10,000

      3,000 1,000

      25

      WCC

      Canadian Heavy Crude Oil (Net Energy) Index Average Price Option

      1151

      WCI

      *

      20,000

      10,000

      2,000 1,000

      25

      WCC