29.07.2009 - NYMEX sets position limits on some natgas contracts
From Reuters: The New York Mercantile Exchange will impose what it calls "hard expiration position limits" on seven of its natural gas financially settled contracts effective with the October contract expiration. In a notice to members issued in June, the exchange said the amendments were being implemented in response to a Commodity Futures Trading Commission (CFTC) rule making, anticipated to be in force by September, that will require exempt commercial markets to establish hard position limits.........Full Article: Source
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