• Large Trader Reporting Requirements, Expiration Month Position Limits and All Month/Any One Month Position Accountability Levels for Twenty-two (22) New Natural Gas Swing Swap Futures and Twenty-two (22) Natural Gas Index Swap Futures Basis Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4861
      • Notice Date
      • 30 April 2009
      • Effective Date
      • 01 April 2009

    • In connection with the launch of twenty-two (22) new Natural Gas Swing Swap Futures and twenty-two (22) new Natural Gas Index Swap Futures Basis contracts on April 27, 2009, please note below the corresponding accountability levels (Rule 9A.26), expiration month position limits (Rule 9A.27), 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.   

       

      Contract related questions can be directed to Anthony V. Densieski, Director, Market Surveillance at (212) 299-2881, or Chris Reinhardt, Senior Analyst, 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

       


       

      Contract Name

      Rule Chapter

      Commodity Code

      All Month Accountability Level

      Any One Month Accountability Level

      Expiration Month Limit

      Reporting Level

      Aggregate Into (1)

      Aggregate Into (2)

       

      Rule 9A.26

      Rule 9A.26

      Rule 9A.27

      Rule 9A.34

      Natural Gas

       

       

       

       

       

       

       

      Inside FERC

       

       

       

       

       

       

       

      ANR LA Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      454

      M6

      3,500/10,000

      2,500/10,000

      500/1,000

      25/25

      K6

      ND

      California

       

       

       

       

       

       

       

      Malin Natural Gas Index Swap Futures (Platts Gas Daily/Platts IFERC)

      389

      V8

      1,500/10,000

      1,000/10,000

      250/2,000

      25/25

      W9

      PB

      SoCal City-Gate Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      455

      N5

      3,500/7,000

      2,500/5,000

      500/500

      25/25

      T9

      9A

      Columbia Gulf Transmission Co.

      Columbia Gulf LA. Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      449

      S9

      3,500/10,000

      2,500/10,000

      500/500

      25/175

      J6

      GL

      Columbia Gulf Mainline Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      444

      L2

      6,000/7,000

      4,500/5,000

      900/500

      25/25

      X2

      5Z

      Florida Gas Transmission Co.

      Florida Gas, Zone 2 Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      441

      C3

      750/3,000

      500/2,000

      100/150

      25/25

      X5

      8A

      Florida Gas, Zone 3 Natural Gas Index Swap Futures  (Platts Gas Daily/ Platts IFERC)

      447

      Q9

      3,500/10,000

      2,500/10,000

      500/50

      25/25

      J8

      FP

      Natural Gas Pipeline Co. of America

      NGPL STX Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      456

      N6

      3,500/10,000

      2,500/10,000

      500/2,000

      25/25

      Q7

      T5

      Northeast

      Algonquin City-Gates Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      457

      N7

      3,500/10,000

      2,500/10,000

      500/2,000

      25/25

      C8

      B4

      OneOk Gas Transportation, LLC

      OneOk, Oklahoma Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      439

      C7

      750/3,500

      500/2,500

      100/250

      25/25

      M3

      8X

      Questar Pipeline Co.

      Questar Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      458

      N8

      350/10,000

      250/10,000

      50/1,000

      25/25

      C6

      TA

      Southern Natural Gas Co.

      Southern Natural LA Natural Gas Index Swap Futures (Platts Gas Daily/Platts IFERC)

      836

      M8

      7,000/10,000

      5,000/10,000

      1,000/500

      25/25

      K8

      SZ

      Southern Star Central Gas Pipeline Inc.

      Southern Star, Tx, Okla, Kan Natural Gas Index Swap Futures (Platts Gas Daily/Platts IFERC)

      438

      C9

      750/3,500

      500/2,500

      100/250

      25/25

      M4

      8Z

      Tennessee Gas Pipeline Co.

      Tennessee 800 Leg Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      445

      L4

      3,500/3,000

      2,500/2,000

      500/150

      25/25

      W5

      6Z

      Texas Eastern Transmission Corp.

      Texas Eastern,  WLA Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      440

      C2

      3,500/3,500

      2,500/2,500

      500/250

      25/25

      X8

      8B

      Texas Eastern, ELA Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      835

      M9

      3,500/10,000

      2,500/10,000

      500/500

      25/175

      K9

      TE

      Texas Gas Transmission Corp.

      Texas Gas Zone 1 Natural Gas Index Swap Futures  (Platts Gas Daily/ Platts IFERC)

      446

      N4

      2,000/7,000

      1,500/5,000

      300/500

      25/25

      Y9

      9F

      Texas Gas Zone SL Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      834

      S7

      1,000/10,000

      750/10,000

      150/1,000

      25/25

      J7

      TB

      Transcontinental Gas Pipe Line Co.

      Transco Zone 1 Natural Gas Index Swap Futuers (Platts Gas Daily/ Platts IFERC)

      442

      C4

      750/7,000

      500/5,000

      100/500

      25/25

      X4

      8E

      Transco Zone 2 Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      443

      L7

      3,500/7,000

      2,500/5,000

      500/500

      25/25

      X3

      8F

      Transco Zone 4 Natural Gas Index Swap Futures (Platts Gas Daily/ Platts IFERC)

      448

      B2

      3,500/10,000

      2,500/10,000

      500/500

      25/25

      J3

      TR

      Trunkline Gas Co.

      Trunkline, ELA Natural Gas Index Swap Futures (Platts Gas Daily/Platts IFERC)

      837

      M7

      750/10,000

      500/10,000

      100/1,000

      25/25

      K7

      NU

      Platts

      Canadian

      Alberta Natural Gas Swing Swap Futures (Platts Gas Daily)

      858

      K5

      25,000

      20,000

      4,000

      25

      K5

      Citygates

      Algonquin City-Gates Natural Gas Swing Swap Futures (Platts Gas Daily)

      709

      C8

      3,500

      2,500

      500

      25

      C8

      SoCal City-Gate Natural Gas Swing Swap Futures (Platts Gas Daily)

      459

      T9

      3,500

      2,500

      500

      25

      T9

      East Texas – North Louisiana

      Texas Gas, Zone 1 Natural Gas Swing Swap Futures (Platts Gas Daily)

      674

      Y9

      2,000

      1,500

      300

      25

      Y9

      Louisiana – Onshore South

      ANR, LA. Natural Gas Swing Swap Futures (Platts Gas Daily)

      707

      K6

      3,500

      2,500

      500

      25

      K6

      Columbia Gulf, LA. Natural Gas Swing Swap Futures (Platts Gas Daily)

      678

      J6

      3,500

      2,500

      500

      25

      J6

      Columbia Gulf, Mainline Natural Gas Swing Swap Futures  (Platts Gas Daily)

      649

      X2

      6,000

      4,500

      900

      25

      X2

      Florida Gas, Zone 2 Natural Gas Swing Swap Futures (Platts Gas Daily)

      463

      X5

      750

      500

      50

      25

      X5

      Florida Gas, Zone 3 Natural Gas Swing Swap Futures (Platts Gas Daily)

      676

      J8

      3,500

      2,500

      500

      25

      J8

      Southern Natural, LA. Natural Gas Swing Swap Futures (Platts Gas Daily)

      690

      K8

      7,000

      5,000

      1,000

      25

      K8

      Tennessee, 800 Leg Natural Gas Swing Swap Futures (Platts Gas Daily)

      673

      W5

      3,500

      2,500

      500

      25

      W5

      Texas Gas, Zone SL Natural Gas Swing Swap Futures (Platts Gas Daily)

      679

      J7

      1,000

      750

      150

      25

      J7

      Texas Eastern ELA Natural Gas Swing Swap Futures (Platts Gas Daily)

      689

      K9

      3,500

      2,500

      500

      25

      K9

      Texas Eastern, WLA Natural Gas Swing Swap Futures (Platts Gas Daily)

      462

      X8

      3,500

      2,500

      500

      25

      X8

      Transco Zone 1 Natural Gas Swing Swap Futures (Platts Gas Daily)

      646

      X4

      750

      500

      100

      25

      X4

      Transco Zone 2 Natural Gas Swing Swap Futures (Platts Gas Daily)

      648

      X3

      3,500

      2,500

      500

      25

      X3

      Trunkline ELA Natural Gas Swing Swap Futures (Platts Gas Daily)

      706

      K7

      750

      500

      100

      25

      K7

      Mississippi-Alabama

      Transco Zone 4 Natural Gas Swing Swap Futures (Platts Gas Daily)

      677

      J3

      3,500

      2,500

      500

      25

      J3

      Oklahoma

      OneOk, Oklahoma Natural Gas Swing Swap Futures (Platts Gas Daily)

      461

      M3

      750

      500

      100

      25

      M3

      Southern Star, Tx.-Okla.-Kan. Natural Gas Swing Swap Futures (Platts Gas Daily)

      460

      M4

      750

      500

      100

      25

      M4

      Rockies

      Questar Natural Gas Swing Swap Futures (Platts Gas Daily)

      749

      C6

      350

      250

      50

      25

      C6

      South-Corpus Christi

      NGPL STX Natural Gas Swing Swap Futures (Platts Gas Daily)

      708

      Q7

      3,500

      2,500

      500

      25

      Q7

       

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