• NEW SINGLE- AND ALL-MONTH POSITION LIMITS IN CBOT GRAIN AND OILSEED PRODUCTS

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6083
      • Notice Date
      • 12 January 2012
      • Effective Date
      • 17 January 2012
    • The CBOT has received CFTC approval to increase single- and all-month combined futures equivalent position limits in Corn, Mini-Sized Corn, Soybeans, Mini-Sized Soybeans, Wheat, Mini-Sized Wheat, Oats, Soybean Oil and Soybean Meal effective January 17, 2012.
      On November 18, 2011, the CFTC published its final rules on position limits in futures and swaps in the Federal Register. The effective implementation date for the new CFTC limits in the legacy Referenced Contracts specified in these new rules is January 17, 2012. In order to remain consistent with these new Federal non-spot speculative position limits for legacy Referenced Contracts, the CFTC has approved the Exchange’s new single- and all-month speculative position limits. The new single- and all-month limits, effective January 17, 2012, will be:
      ·         33,000 contracts for CBOT Corn,
      ·         15,000 contracts for CBOT Soybeans,
      ·         12,000 contracts for CBOT Wheat,
      ·         8,000 contracts for CBOT Soybean Oil,
      ·         6,500 contracts for CBOT Soybean Meal, and
      ·         2,000 contracts for CBOT Oats.
       
      For detailed information about this increase in speculative position limits, please see S-6066R available at http://www.cmegroup.com/rulebook/files/SER_6066R_-_2012_Position_Limits_v2.pdf.   
      Questions may be directed to Fred Seamon (312.634.1587 or Fred.Seamon@CMEGroup.com).  For media inquiries concerning this Special Executive Report, please contact CME Group Corporate Communications at 312.930.3434 or news@cmegroup.com.
       

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.