New York Mercantile Exchange To Revise PJM Large Trader Reporting Requirements

The New York Mercantile Exchange, Inc., yesterday announced that it will amend large trader reporting levels for the financially settled PJM electricity futures contracts to one contract from 25 with the launch of the weekly and daily contracts scheduled for June 26.

Beginning with the June 27 trading session, clearing members must identify to the Exchange any customers who hold open positions in the monthly, weekly, or daily contracts.