• Large Trader Reporting Requirements, Expiration Accountability Levels, and All Month/Any One Month Position Accountability Levels for the New E-mini Gold Futures and E-mini Silver Futures Contracts, and Administrative Amendments to Existing Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4859
      • Notice Date
      • 30 April 2009
      • Effective Date
      • 01 April 2009
    • In connection with the launch of the new E-mini Gold Futures and E-mini Silver Futures contracts on trade date April 20, 2009, please note below the corresponding accountability levels (Rule 9A.26), expiration accountability levels (Rule 9A.27A), reportable levels (Rule 9A.34) and aggregation allocations for the new contracts.  The commodity codes are provided for the Clearing Members that file reports pursuant to NYMEX Rule 9A.33 in a machine-readable format. 

       

      Additionally, please note administrative amendments to align the accountability levels, expiration accountability levels, reportable level and aggregation allocations of the COMEX miNY Gold Futures, COMEX miNY Silver Futures and COMEX Asian Gold Futures contracts that are affected with the launch of the aforementioned new contracts.

       

      Contract related questions can be directed to Anthony V. Densieski, Director, Market Surveillance, at (212) 299-2881, Market Regulation at (212) 299-2890, or Chris Reinhardt, Supervisor, Market Surveillance, at (212) 299-2884.  Please contact Martin Jacobs, Senior Director, Applications Development at (212) 299-2829 if you have any information services questions. 

       

       

       

      Attachment

       

       

      (Bold/underlining indicates additions, Strikethrough indicates deletions.)

       

       

      Contract Name

      Rule Chapter

      Commodity Code

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Expiration Account-ability Level-Penultimate and Metals Contracts

      Reporting Level

      Aggregate Into (1)

      Aggregate Into (2)

       

      Rule 9A.26

      Rule 9A.26

      Rule 9A.27

      Rule 9A.27A

      Rule 9A.34

      Metals

       

       

       

       

       

       

       

       

      USA

       

       

       

       

       

       

       

       

      E-mini Gold Futures

      407

      8Q

      10,000

      10,000

      2,000

      25

      8Q

      COMEX miNY Gold Futures

      911

      QO

      6,000  10,000

      6,000  10,000

       

      3,000  2,000

      200

      25

      QO 8Q

       

      E-mini Silver Futures

      408

      6Q

      3,000

      3,000

      500

      25

      6Q

      COMEX miNY Silver Futures

      912

      QI

      6,000  3,000

      6,000  3,000

       

      1,500  500

      150 25

      QI 6Q

       

      ASIA

       

       

       

       

       

       

       

       

      COMEX Asian Gold Futures

      914

      QS

      6,000  10,000

      6,000  10,000

       

      3,000  2,000

      200

      25

      QS 8Q