In connection with the launch of the new COMEX Aluminum Futures contract on trade date Tuesday, May 6, 2014 (see SER-7046R dated April 10, 2014), please note below the corresponding all month/single month accountability levels (NYMEX Rule 560), initial spot month position limit (NYMEX Rule 559), reportable level (NYMEX Rule 561), and spot month aggregation allocation for the new contract. Effective trade date Tuesday, May 6, 2014, and pending all relevant CFTC regulatory review periods, the terms and conditions for this contract 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 code is 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 Aggregate Into Futures Equivalent Leg (1) |
Initial Spot-Month Limit (In Net Futures Equiva-lents) |
Single Month Account-ability Level Leg (1) / Leg (2) |
All Month Account-ability Level Leg (1) / Leg (2) |
Report-ing Level |
Aluminum Futures |
107 |
ALI |
ALI |
200 |
2,000 |
2,000 |
25 |
Please refer questions on this subject to:
Market Regulation
Surveillance: Ryne Toscano Ryne.Toscano@cmegroup.com (212) 299-2879
Products: Nadine Brown Nadine.Brown@cmegroup.com (212) 299-2223
Large Trader
Reporting: Sandra Valtierra Sandra.Valtierra@cmegroup.com (312) 347-4137