• Delisting of 4-Decimal Natural Gas Liquids Swap Futures, BALMOs and Average Price Options – Amendments to NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Table

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5081
      • Notice Date
      • 17 December 2009
      • Effective Date
      • 18 December 2009
    • In connection with the migration of open interest from the 4-decimal priced Natural Gas Liquids (NGLs) to their corresponding 5-decimal priced NGLs, effective close of business Friday, December 18, 2009, the New York Mercantile Exchange, Inc. (“NYMEX”) will delist eleven (11) 4-decimal priced NGLs swap futures, BALMOs and average price options.  NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Table will be amended with the removal of these delisted contracts.  (Please also refer to CME Market Regulation Advisory SER-5077 dated December 15, 2009 for further details relating to the migration of open interest.)

       

      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.  

       

      (Strikethrough indicates deletions)

       

      Contract Name

      Rule Chap-ter

      Com-modity Code

      Diminishing Balances Contracts

      All Month Account-ability Level

      Any One Month Account-ability Level

      Expiration Month Limit

      Report-ing Level

      Aggre-gate Into (1)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Light Hydrocarbons

       

       

       

       

       

       

       

       

      Conway

       

       

       

       

       

       

       

       

      Conway Propane (OPIS) Swap Futures

      584

      W1

      *REMOVE

      2,000

      1,500

      250

      25

      8K

       

      Mont Belvieu

       

       

       

       

       

       

       

       

      Mont Belvieu Iso-Butane (OPIS) Swap Futures

      587

      Y2

      *REMOVE

      2,000

      1,500

      250

      25

      8I


       

      Mont Belvieu Natural Gasoline (OPIS) Swap Futures

      585

      W3

      *REMOVE

      2,000

      1,500

      250

      25

      7Q

      Mont Belvieu Natural Gasoline (OPIS) Average Price Option

      585A

      E1

      2,000

      1,500

      250

      25

      7Q

      Mont Belvieu Natural Gasoline (OPIS) BALMO Swap Futures

      314

      V5

      2,000

      1,500

      250

      25

      7Q

      Mont Belvieu Normal Butane  (OPIS) Swap Futures

      588

      Z2

      *

      2,000

      1,500

      250

      25

      D0

      Mont Belvieu Normal Butane (OPIS) Average Price Option

      588A

      D1

      2,000

      1,500

      250

      25

      D0

      Mont Belvieu Normal Butane (OPIS) BALMO Swap Futures

      316

      Y5

      2,000

      1,500

      250

      25

      D0

      Mont Belvieu Propane (OPIS) Swap Futures

      581

      PT

      *REMOVE

      1,500

      1,500

       250

      25

      B0

      Mont Belvieu Propane (OPIS) Average Price Option

      581A

      G1

      1,500

      1,500

       250

      25

      B0

      Mont Belvieu Propane (OPIS) BALMO Swap Futures

      313

      V6

      *REMOVE

      2,000

      1,500

       2508

      25

      B0