• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limits, Diminishing Balances and Aggregation Allocations for Two (2) New Singapore Jet Fuel Swap Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6243
      • Notice Date
      • 17 May 2012
      • Effective Date
      • 21 May 2012
    • In connection with the launch of two (2) new Singapore Jet Fuel Swap Futures contracts on trade date May 21, 2012 (see SER-6221 dated April 26, 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 Balance 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)
       
       
       
       
      Rule 560
      Rule 560
      Rule 559
      Rule 561
       
       
      Petroleum
       
       
       
       
       
       
       
       
       
      Asia/Pacific
       
       
       
       
       
       
       
       
       
      Singapore
       
       
       
       
       
       
       
       
       
       
      Singapore Jet Kerosene (Platts) Dubai Crack Spread Swap Futures
      1223
      KSD
      *
      1,500/ 10,000
      1,500/ 10,000
      500/ 1,000
      25
      KS
      DC
       
      Singapore Jet Kerosene (Platts) vs. DME Oman Crude Oil Swap Futures
      1224
      DRK
      *
      1,500/ 20,000
      1,500/ 20,000
      500/ 4,000
      25
      KS
      DOO