• Administrative Amendment to the Position Limit, Position Accountability and Reportable Level Table in Chapter 5 of the NYMEX Rulebook for a Mini Petroleum Spread Futures Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5924
      • Notice Date
      • 07 September 2011
      • Effective Date
      • 08 September 2011
    • The New York Mercantile Exchange, Inc. (“NYMEX”) is amending the NYMEX Chapter 5, Position Limit, Position Accountability and Reportable Level Table to correct a typographical error in the any one month accountability level for the second leg of the Mini Gasoil 0.1 (Platts) Barges FOB Rdam vs. ICE Gasoil Swap futures contract from 500/5,000 to 500/7,000.  This amendment conforms the any one month accountability level of the second leg of the spread contract to that of the futures contract into which the second leg aggregates.  This amendment is effective on trade date September 8, 2011.

       

      Contract related questions can be directed to Chris Reinhardt, Associate Director, Market Surveillance, at 212.299.2882, and Ryne Toscano, Lead Market Surveillance Analyst, at 212.299.2879.

       

       

       

      NYMEX Chapter 5 Position Limit Table

       (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

      Petroleum

       

       

       

       

       

       

       

       

       

      Europe

       

       

       

       

       

       

       

       

       

      Northwest Europe

       

       

       

       

       

       

       

       

       

       

      Mini Gasoil 0.1 Barges FOB Rdam vs. ICE Gasoil Swap Futures

      745

      MGB

      *

      1,000/ 7,000

      500/ 5,000 7,000

      150/ 1,000

      25

      VL

      GX