The New York Mercantile Exchange, Inc. (“NYMEX”) will amend NYMEX Chapter 5, Position Limits, Accountability Levels and Reportable Levels Table to denote the diminishing balance allocations (*) for the Mont Belvieu Ethylene (PCW) Financial Swap Futures and Mont Belvieu Ethylene (PCW) BALMO Swap Futures contracts. Diminishing balance contracts are those whose front month volume in any given contract month diminishes as the contract month progresses towards month’s end. These changes will be reflected in the Position Limit Table effective on trade date July 19, 2010.
Contract related questions can be directed to Joe Hawrysz, Director, Global Market Surveillance, at 312.341.7750.
(Bold/underline indicates additions; strikethrough indicates deletions.)
Contract Name |
Rule Chap-ter |
Com-modity Code |
Diminish-ing 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 |
|
|
|
|
|
|
|
|
Mont Belvieu |
|
|
|
|
|
|
|
|
Mont Belvieu Ethylene (PCW) Financial Swap Futures |
602 |
MBN |
* |
6,000 |
4,000 |
800 |
25 |
MBN |
Mont Belvieu Ethylene (PCW) BALMO Swap Futures |
587 |
MBB |
* |
6,000 |
4,000 |
800 |
25 |
MBN |