• Amendments to the Position Limit, Position Accountability and Reportable Level Table in Chapter 5 of the NYMEX Rulebook for the Dubai Crude Oil (Platts) Calendar Swap Futures and Related Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6320
      • Notice Date
      • 13 July 2012
      • Effective Date
      • 23 July 2012
    • Effective for trade date July 23, 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 increase the expiration month position limits for the Dubai Crude Oil (Platts) Calendar Swap futures, and nine other financially-settled swaps futures and average price option contracts associated with the Dubai Crude Oil (Platts) Calendar Swap futures, from their current spot month limit of 1,000 contract units to a spot month limit of 5,000 contract units.    
       
      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 addition; strikethrough indicates deletion)
       

      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)
      Aggr- gate Into (2)
       
       
       
       
      Rule 560
      Rule 560
      Rule 559
      Rule 561
       
       
      Petroleum
       
       
       
       
       
       
       
       
       
      Europe
       
       
       
       
       
       
       
       
       
      Northwest Europe
       
       
       
       
       
       
       
       
       
      Brent-Dubai (Platts) Swap Futures
      697
      DB
      *
      20,000/ 10,000
      20,000/ 10,000
      2,000/ 1,000 5,000
      25
      BB
      DC
      Middle East
       
       
       
       
       
       
       
       
       
      Dubai Crude Oil (Platts) Calendar Swap Futures
      511
      DC
      *
      10,000
      10,000
      1,000 5,000
      25
      DC
       

       

      Dubai Crude Oil (Platts) Average Price Option
      516
      AH
      *
      10,000
      10,000
      1,000 5,000
      25
      DC
       
      Dubai Crude Oil (Platts) BALMO Swap Futures
      498
      BI
       
      10,000
      10,000
      1,000 5,000
      25
      DC
       
      DME Oman Crude Oil vs. Dubai (Platts) Swap Futures
      340
      DPO
      *
      20,000/ 10,000
      20,000/ 10,000
      4,000/ 1,000 5,000
      25
      DOO
      DC
      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 5,000
      25
      KS
      DC
      Singapore Mogas 92 Unleaded (Platts) Dubai Crack Spread Swap Futures
      1084
      1ND
      *
      7,000/ 10,000
      5,000/ 10,000
      1,000/ 1,000 5,000
      25
      1N
      DC
      Singapore Fuel Oil 380 cst (Platts) 6.35 Dubai Crack Spread Swap Futures
      1092
      STI
      *
      1,500/ 10,000
      1,500/ 10,000
      150/ 1,000 5,000
      25
      SE
      DC
      Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread Swap Futures
      1091
      STS
      *
      5,000/ 10,000
      5,000/ 10,000
      500/ 1,000 5,000
      25
      UA
      DC
      Singapore Fuel Oil 180 cst (Platts) 6.35 Dubai Crack Spread BALMO Swap Futures
      1094
      STB
      *
      5,000/ 10,000
      5,000/ 10,000
      500/ 1,000 5,000
      25
      UA
      DC

       
       
       
       

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