• Assignment of New Chapter Numbers for Four Brent Option Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4882
      • Notice Date
      • 26 May 2009
      • Effective Date
      • 26 May 2009
    • Please be advised that the New York Mercantile Exchange has assigned new rule chapter numbers to four Brent Option Contracts and modified the names of three of the contracts.  The amendments to Chapter 9A, Appendix A, will be effective May 26, 2009.    

       

      Contract related questions can be directed to Anthony V. Densieski, Director, Market Surveillance at 212.299.2881, or Chris Reinhardt, Supervisor, Market Surveillance at 212.299.2884. 

       

      (Bold/underline indicates additions; strikethrough indicates deletions.)

       

       Contract Name

      Rule Chapter

      Commod-ity Code

      All Month Accountability Level Rule 9.26

      Any One Month Accountability Level Rule 9.26

      Expiration Month Limit

      Rule 9.27

       Reporting Level Rule 9.34

      Aggregate Into (1)

      Aggre-gate Into (2)

      Petroleum

      EUROPE

       

       

       

      Northwest Europe

       

       

       

       

      Brent American Style Crude Oil Option

      311

      376

       

      OS

       

      20,000

       

      20,000

       

      2,000

       

      25

       

      BZ

       

       

      Brent Look-Alike” Crude Oil Option

       

      313

      378

       

       

      BE

      20,000

      20,000

       

       

      2,000

       

      25

       

      BZ

       

      Brent Crude Oil Average Price Option

      314

      379

       

      BA

       

      20,000

       

      20,000

       

       

      2,000

       

       

      25

       

       

      BZ

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      WTI-Brent Crude Oil Spread Option

       

      312

      377

      BV

      20,000

      20,000

      2,000

      25

      BZ