In connection with the launch of eight (8) new Middle East Refined Product futures contracts on trade date March 3, 2014, (see SER-7015 dated February 5, 2014), please note below the corresponding spot-month aggregation allocations, all month/single month accountability levels (NYMEX Rule 560), initial spot month position limits (NYMEX Rule 559), and reportable levels (NYMEX Rule 561) for the eight (8) new contracts. Effective trade date March 3, 2014, and pending all relevant CFTC regulatory review periods, the terms and conditions for these contracts will be inserted into the NYMEX Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 of the NYMEX Rulebook, as noted below.
The commodity codes are provided for the Clearing Members that file reports pursuant to NYMEX Rule 561.A in a machine-readable format.
Contract Name |
Rule Chap-ter |
Com-modity Code |
Spot-Month Aggre-gate Into Futures Equiva-lent Leg (1) |
Initial Spot-Month Limit (In Net Futures Equiva-lents) Leg (1) / Leg (2) |
Single Month Account-ability Level Leg (1) / Leg (2) |
All Month Account-ability Level Leg (1) / Leg (2) |
Report-ing Level |
Mini Middle East Naphtha FOB Arab Gulf (Platts) Futures |
1166 |
MME |
MME |
1,500 |
5,000 |
7,000 |
25 |
Mini Middle East Naphtha FOB Arab Gulf (Platts) BALMO Futures |
1171 |
MNE |
MME |
1,500 |
5,000 |
7,000 |
25 |
Middle East Gasoil FOB Arab Gulf (Platts) Futures |
1167 |
MPE |
MPE |
2,000 |
6,000 |
9,000 |
25 |
Middle East Gasoil FOB Arab Gulf (Platts) BALMO Futures |
1172 |
MBS |
MPE |
2,000 |
6,000 |
9,000 |
25 |
Mini Middle East HSFO 180 cst FOB Arab Gulf (Platts) Futures |
1168 |
MHE |
MHE |
2,000 |
6,000 |
9,000 |
25 |
Mini Middle East HSFO 180 cst FOB Arab Gulf (Platts) BALMO Futures |
1173 |
MGS |
MHE |
2,000 |
6,000 |
9,000 |
25 |
Mini Middle East HSFO 380 cst FOB Arab Gulf (Platts) Futures |
1169 |
MSE |
MSE |
2,000 |
6,000 |
9,000 |
25 |
Mini Middle East HSFO 380 cst FOB Arab Gulf (Platts) BALMO Futures |
1174 |
MHS |
MSE |
2,000 |
6,000 |
9,000 |
25 |
Please refer questions on this subject to:
Market Surveillance
Chris Reinhardt Chris.Reinhardt@cmegroup.com (212) 299-2882
Ryne Toscano Ryne.Toscano@cmegroup.com (212) 299-2879