• Large Trader Requirement, All Month/Any One Month Accountability Limits, Expiration Month Position Limit and Aggregation Allocation for the GreenX Emission Reduction Unit (ERU) Futures and Option contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • Emissions NP-2012-09
      • Notice Date
      • 26 April 2012
      • Effective Date
      • 26 April 2012
    • In connection with the launch of the GreenX Emission Reduction Unit (ERU) Futures and Option contracts on trade date April 30, 2012 (see GreenX Participant Notice # NP-2012-06 dated March 28, 2012), please note below the corresponding all month/any one month accountability levels, expiration month position limits, reportable levels and aggregation allocation (GreenX Rule 535) for the new contracts. These contracts will be added to the Position Limit, Position Accountability and Reportable Level Table in Chapter 5 of the GreenX Rulebook. The commodity codes are provided for the Clearing Members that file reports pursuant to GreenX Rule 534 in a machine-readable format.

      GreenX Rule 535 Position Limit, Position Accountability and Reportable Level Table

      (Bold/underlining indicates additions; strikethrough indicates deletions)

      Contract Name Rule Code All Month Accountability Level Any One Month Accountability level Any/All Month Accountability level Expiration Month Limit Reporting Level Aggregate Into
      - - - Rule 533 Rule 533 Rule 532 Rule 532 Rule 534 -
      Emissions - - - - - - - -
      Emission Reduction Unit (ERU) Futures 1110 REU 12,000 8,000 - 4,000 25 REU
      Emission Reduction Unit (ERU) Option 1111 ERO 12,000 8,000 - 4,000 25 ERO

      For inquiries, please contact:

      Compliance Officer
      Nicholas Galati
      Tel:  +1 212 299 2569
      E-mail:   nicholas.galati@thegreenx.com