• Large Trader Requirements, All Month/Any One Month Accountability Levels, Expiration Month Position Limit, and Aggregation Allocation for the New Gasoline Euro-bob Oxy NWE Barges (Argus) Average Price Option Contract

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6629
      • Notice Date
      • 11 April 2013
      • Effective Date
      • 11 April 2013
    • In connection with the launch of the new Gasoline Euro-bob Oxy NEW Barges (Argus) Average Price Option contract on trade date April 15, 2013 (see SER-6585 dated March 14, 2013), please note below the corresponding all month/any one month accountability levels (NYMEX Rule 560), spot month position limits (NYMEX Rule 559), reportable level (NYMEXRule 561), and spot month aggregation allocation for the new contract. The terms and conditions for this contract will be inserted into the NYMEX Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 of the NYMEX Rulebook upon launch.
       
      The commodity code is provided for the Clearing Members that file reports pursuant to NYMEX Rule 561.A in a machine-readable format. 
       

      Contract Name
      Rule Chap-ter
      Com-modity Code
      Spot-Month Aggregate Into Futures Equivalent Leg (1)
      Initial Spot-Month Limit (In Net Futures Equiva-lents)
      All Month Account-ability Level
      Any One Month Account-ability Level
      Report-ing Level
       
      Gasoline Euro-bob Oxy NWE Barges (Argus) Average Price Option
      1238
      7HO
      7H
      500
      3,500
      2,500
      25

       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      Please refer questions on this subject to:
      Market Surveillance
      Chris Reinhardt                                      Chris.Reinhardt@cmegroup.com                        (212) 299-2882
      Ryne Toscano                                       Ryne.Toscano@cmegroup.com                                     (212) 299-2879