The New York Mercantile Exchange, Inc. today announced the position accountability, expiring month position limits and reporting levels for its new COMEX futures contracts that will be offered for trading on CME Globex on December 3 for trade date December 4.
The position accountability levels for the COMEX miNY copper futures contract will be 5,000 contracts for any single month or all months. The contracts have a 400-contract expiration month limit. Clearing members must identify customers with a position of 25 or more contracts to the Exchange.
The position accountability levels for the COMEX miNY gold and Asian gold futures contracts will be 6,000 contracts for any single month or all months. The contracts have a 3,000-contract expiration month limit. Clearing members must identify customers with a position of 200 or more contracts to the Exchange.
The position accountability levels for the COMEX miNY silver futures contract will be 6,000 contracts for any single month or all months. The contracts have a 1,500-contract expiration month limit. Clearing members must identify customers with a position of 150 or more contracts to the Exchange.
The position accountability levels for the London aluminium futures contract will be 6,000 contracts for any single month or all months. The contracts have a 1,500-contract expiration month limit. Clearing members must identify customers with a position of 25 or more contracts to the Exchange.
The position accountability levels for the London copper grade A futures contract will be 5,000 contracts for any single month or all months. The contracts have a 1,500-contract expiration month limit. Clearing members must identify customers with a position of 25 or more contracts to the Exchange.
The position accountability levels for the London SHG zinc futures contract will be 4,000 contracts for any single month or all months. The contracts have a 1,500-contract expiration month limit. Clearing members must identify customers with a position of 25 or more contracts to the Exchange.
The position accountability levels for the COMEX miNY silver futures contract will be 6,000 contracts for any single month or all months. The contracts have a 1,500-contract expiration month limit. Clearing members must identify customers with a position of 150 or more contracts to the Exchange.
The position accountability levels for the Asian platinum futures contract will be 1,500 contracts for any single month or all months. The contracts have a 200-contract expiration month limit. Clearing members must identify customers with a position of 200 or more contracts to the Exchange.
The position accountability levels for the Asian palladium futures contract will be 1,000 contracts for any single month or all months. The contracts have a 650-contract expiration month limit. Clearing members must identify customers with a position of 50 or more contracts to the Exchange.
For more information, go to www.nymexoncmeglobex.com.
FTSE Mondo Visione Exchanges Index:
NYMEX Announces Position Accountability, ReportIing Levels For The New COMEX Futures Contracts On CME Globex®
Date 01/12/2006