• Administrative Amendments to the Position Limit, Position Accountability and Reportable Level Table in Chapter 5 of the NYMEX Rulebook for Two (2) Natural Gas Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5557
      • Notice Date
      • 05 January 2011
      • Effective Date
      • 05 January 2011
    • The administrative amendments to NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Level Table correct a typographical error in the expiration month limit for the Florida Gas, Zone 2 Natural Gas Swing Swap (Platts Gas Daily) futures contract (Chapter 463, Contract X5), and the expiration month limit for the Florida Gas, Zone 2 Natural Gas Index Swap (Platts Gas Daily/Platts IFERC futures contract (Chapter 441, Contract C3), which is an existing related contract that aggregates into the Contract X5.  The expiration limit for Contract X5 should be 50, rather than 100.  The expiration limit for Contract C3 should be 50/150, rather than 100/150.  These changes will be made effective immediately.     

       

      Contract related questions can be directed to Glenn Hofferber, Associate Director, Market Surveillance, at 212.299.2884, and Ryne Toscano, Lead Market Surveillance Analyst, at 212.299.2879.

       

      (Bold/underlining 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

      Expira-tion Month Limit

      Report-ing Level

      Aggre-gate Into (1)

      Aggre-gate Into (2)

      Rule 560

      Rule 560

      Rule 559

      Rule 561

      Natural Gas

       

       

       

       

       

       

       

       

       

      Inside FERC

       

       

       

       

       

       

       

       

       

      Florida Gas Transmission Co.

       

       

       

       

       

       

       

       

       

       

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

      441

      C3

       

      750/ 3,000

      500/ 2,000

      100 50/ 150

      25

      X5

      8A

      Platts

       

       

       

       

       

       

       

       

       

      Louisiana – Onshore South

       

       

       

       

       

       

       

       

       

       

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

      463

      X5

      *

      750

      500

      100 50

      25

      X5