• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limits, and Aggregation Allocations for Fifteen (15) New Natural Gas Futures Contracts

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6380
      • Notice Date
      • 11 October 2012
      • Effective Date
      • 11 October 2012
    • In connection with the launch of fifteen (15) new Natural Gas Futures contracts on trade date October 15, 2012 (see SER-6357R dated September 27, 2012), please note below the corresponding all month/any one month accountability levels (NYMEX Rule 560), expiration month position limits (NYMEX Rule 559), reportable levels (NYMEX Rule 561), and aggregation allocations for the new contracts. These contracts will be added to the Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 of the NYMEX Rulebook. The commodity codes are provided for the Clearing Members that file reports pursuant to NYMEX Rule 561.A in a machine-readable format. 
       
      Contract related questions can be directed to Chris Reinhardt, Director, Market Surveillance, at 212.299.2882, and Ryne Toscano, Supervisor, Market Surveillance, at 212.299.2879.
       


      NYMEX Rulebook Chapter 5 Position Limit Table
      (Bold/underlining indicates additions)
       

      Contract Name
      Rule Chap-ter
      Com-modity Code
      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
       
       
       
       
       
       
       
       
      Columbia Gas Transmission Corp.
       
       
       
       
       
       
       
       
       
      Columbia Gas TCO (Platts IFERC) Fixed Price Futures
      1276
      CFS
      10,000
      10,000
      2,500
      25
      CFS
       
      Dominion Transmission Inc.
       
       
       
       
       
       
       
       
       
      Dominion, South Point Natural Gas  (Platts IFERC) Fixed Price Futures
      1275
      DSF
      10,000
      10,000
      2,000
      25
      DSF
       
      East Texas
       
       
       
       
       
       
       
       
      Houston Ship Channel Natural Gas (Platts IFERC) Fixed Price Futures
      1283
      XJ
      10,000
      10,000
      7,500
      25
      XJ
       
       
      El Paso Natural Gas Co.
       
       
       
       
       
       
       
       
      San Juan Natural Gas (Platts IFERC) Fixed Price Futures
      1278
      XX
      10,000
      10,000
      2,000
      25
      XX
       
      Permian Natural Gas (Platts IFERC) Fixed Price Futures
      1277
      PFS
      10,000
      10,000
      2,000
      25
      PFS
       
      Natural Gas Pipeline Co. of America
       
       
       
       
       
       
       
       
      NGPL Mid-Con Natural Gas (Platts IFERC) Fixed Price Futures
      1284
      NFS
      10,000
      10,000
      500
      25
      NFS
       

       


       

      Northwest Pipeline Corp.
       
       
       
       
       
       
       
       
      Rockies Natural Gas (Platts IFERC) Fixed Price Futures
      1280
      XR
      10,000
      10,000
      7,500
      25
      XR
       
      Panhandle Eastern Pipe Line Co.
       
       
       
       
       
       
       
       
      Panhandle Natural Gas (Platts IFERC) Fixed Price Futures
      1281
      XH
      10,000
      10,000
      2,000
      25
      XH
       
      South Louisiana
       
       
       
       
       
       
       
       
      Henry Hub Natural Gas (Platts IFERC) Fixed Price Futures
      1279
      HHS
      10,000
      10,000
      2,000
      25
      HHS
       
      Upper Midwest
       
       
       
       
       
       
       
       
      MichCon Natural Gas (Platts IFERC) Fixed Price Futures
      1285
      MFS
      10,000
      10,000
      500
      25
      MFS
       
      West Texas
       
       
       
       
       
       
       
       
      Waha Natural Gas (Platts IFERC) Fixed Price Futures
      1282
      WFS
      10,000
      10,000
      5,000
      25
      WFS
       
      Transcontinental Gas Pipe Line Co.
       
       
       
       
       
       
       
       
      Transco Zone 6 Non-N.Y. Natural Gas (Platts IFERC) Basis Futures
      1295
      TZ6
      10,000
      10,000
      5,000
      25
      TZ6
       
       
      Transco Zone 6 Non-N.Y. Natural Gas (Platts Gas Daily/Platts IFERC) Index Futures
      1293
      TZI
      5,000/
      10,000
      2,000/
      10,000
      150/
      5,000
      25
      TZS
      TZ6

       
       


       

      Platts
       
       
       
       
       
       
       
       
      Citygates
       
       
       
       
       
       
       
       
      Transco Zone 5 Natural Gas (Platts Gas Daily) Swing Futures
      1288
      TZ5
      5,000
      2,000
      500
      25
      TZ5
       
       
      Transco Zone 6 Non-N.Y. Natural Gas (Platts Gas Daily) Swing Futures
      1287
      TZS
      1,000
      500
      150
      25
      TZS