• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limits, Diminishing Balances and Aggregation Allocations for Five (5) New Japanese Petroleum Swap Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6204
      • Notice Date
      • 27 April 2012
      • Effective Date
      • 30 April 2012
    •  
      In connection with the launch of five (5) new Japanese petroleum swap futures contracts on trade date April 30, 2012 (see SER-6194 dated April 11, 2012), 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, 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)
       

      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
       
       
       
       
       
       
       
       
      Asia/Pacific
       
       
       
       
       
       
       
       
      Japan
       
       
       
       
       
       
       
       
       
      Tokyo Bay Gasoline (RIM) Swap Futures
      1225
      RMG
      *
      50,000
      50,000
      10,000
      25
      RMG
       
      Tokyo Bay Kerosene (RIM) Swap Futures
      1226
      RMK
      *
      15,000
      15,000
      3,000
      25
      RMK
       
      Tokyo Bay 10ppm Gasoil (RIM) Swap Futures
      1227
      RMS
      *
      50,000
      50,000
      10,000
      25
      RMS
       
      Tokyo Bay A-Grade 1% Sulfur Fuel Oil (RIM) Swap Futures
      1228
      RMF
      *
      15,000
      15,000
      3,000
      25
      RMF
       
      Tokyo Bay A-Grade 0.1% Sulfur Fuel Oil (RIM) Swap Futures
      1229
      RMU
      *
      15,000
      15,000
      3,000
      25
      RMU

       

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