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New York Mercantile Exchange Increases Position Limits For Houston Ship Channel Natural Gas Basis, Index, And Swing Swap Futures

Date 27/08/2004

The New York Mercantile Exchange, Inc., today will increase the expiration position limits on its Houston Ship Channel natural gas basis swap, index swap, and swing swap futures contracts.

The position limits for the last three days of trading will increase to 2,000 contracts from 1,000 contracts.