• Administrative Amendments to the Header Notes of the NYMEX Rulebook Chapter 5, Position Limit, Position Accountability and Reportable Level Table

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5862
      • Notice Date
      • 22 August 2011
      • Effective Date
      • 23 August 2011
    • Please be advised that effective on trade date August 23, 2011, the New York Mercantile Exchange, Inc. (NYMEX or Exchange) will amend the NYMEX Chapter 5 Position Limit, Position Accountability and Reportable Level Table’s Header Notes to broaden the definition in Header Note No. 5 to include all financially settled metals contracts. 

       

      Questions regarding this Notice can be directed to Chris Reinhardt, Associate Director, Market Surveillance, at 212.299.2882, and Ryne Toscano, Supervisor, Market Surveillance, at 212.299.2879.

       

       

      (Bold/underlining indicates additions; strikethrough indicates deletions)

       

      NYMEX Chapter 5

      Position Limit, Position Accountability and Reportable Level Table

      Header Notes

       

      5.         The expiration month position limits for the Electricity and Uranium financially settled metals contracts are effective as of the opening of trading on the first business day when a contract month becomes the first nearby month (or spot month) and continue on an intra-day basis thereafter until the termination of trading in the expiring contract.