The expiration position limits are the maximum number of outstanding obligations that a trader may hold in a contract for the last three trading days.
The ANR Oklahoma, Michigan Consolidated, Texas Eastern Zone M–3, Natural Gas Pipeline (NGPL) of America Louisiana, and NGPL Mid–Continent basis swap futures expiration position limits are being reduced to 500 contracts from 2,000 contracts.
The Colorado Interstate Gas Rockies, Dominion Transmission, NGPL Texas–Oklahoma, Northern Natural Gas Co. Demarcation, Columbia Gas Transmission Appalachia (TCO), and Sumas basis swap futures expiration position limits are being reduced to 1,000 contracts from 2,000 contracts.
The expiration position limits for the AECO/NIT, Chicago citygate, Henry Hub, Northwest Pipeline, Panhandle, San Juan Basin, and Southern California basis swap futures are being increased to 2,000 contracts from 500.
The Houston Ship Channel, Transco Zone 3, and Texas Eastern Transmission South Texas basis swap futures expiration position limits are being increased to 1,000 contracts from 500.
The New York harbor unleaded gasoline crack spread and New York harbor No. 2 oil crack spread calendar swap futures are being increased to 2,000 contracts from 500 contracts.
Customers currently holding positions conforming to the previous limits will be allowed to maintain that position for the current expiration period.