July 21, 2005
Via E-Mail

Office of the Secretariat

Commodity Futures Trading Commission
Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: Rule Certification. NYMEX Submission 05.126: Notification of
Amendments to NYMEX Rules 9.26, 9.27, and 9.34.

Dear Ms. Jean Webb:

The New York Mercantile Exchange ("NYMEX" or the "Exchange") is notifying the
Commodity Futures Trading Commission (“CFTC” or “Commission”) of amendments to
NYMEX Rules 9.26, All Month/Any One Month Position Accountability; 9.27, Expiration and
Current Delivery Month Position Limits or Position Accountability; and 9.34, Reporting Levels.

Effective for trade date July 25, 2005, these amendments include the addition of position
limits, accountability levels and reporting levels for two new financially-settled Freight Futures
Contracts: Freight Route TD9 Swap and Freight Route TD10D Swap. Pursuant to Section Sc(c)
of the Commodity Exchange Act (“Act”) and CFTC Rule 40.6, the Exchange hereby certifies
that the attached rule amendment complies with the Act, including regulations under the Act.

Should you have any questions concerning the above, please contact Dan Brusstar,
Director, Research, at (212) 299-2604, Thomas LaSala, Senior Vice President, Compliance and
Risk Management, at (212) 299-2897, or the undersigned at (212) 299-2207.

Very truly yours,

Nancy M. Minett
Vice President
Compliance Department

cc: Al Cooper, CFTC New York Regional Office
Marvin Jackson, CFTC New York Regional Office
Brian Regan


(Underlining in bold represents an addition, and strikethrough in bold a deletion)
Rule 9.26, All Month/Any One Month Position Accountability

Sections (A) through (D) III remain unchanged.

IV. Futures Contracts Listed for Trading Only on NYMEX
ClearPort®” Trading and also Listed for Clearing of Off-Exchange
Transactions Through NYMEX CleartPort*” Clearing

Net Futures or Futures-

Equivalent Position

Accountability Levels
Cash-Settled Crude Oil and Crude Products

WTI Calendar

Note: For purposes of this rule, positions in this contract are
aggregated with positions in the Light Sweet Crude Oil
contract as indicated in Subsection |. above.

NYMEX WTI-Brent Spread Calendar Swap

Note: For purposes of this rule, positions in this contract are
aggregated with positions in the Light Sweet Crude Oil contract
as indicated in Subsection |. above.

NYMEX Brent Calendar Swap

Note: For purposes of this rule, positions in this contract are
aggregated with positions in the Light Sweet Crude Oil contract
as indicated in Subsection |. above.

Dated Brent Calendar Swap 5,000 contracts
Dubai Crude Oil Calendar Swap 10,000 contracts
U.S. Gulf Coast Unl 87 Crack Spread Calendar 10,000 contracts
U.S. Gulf Coast No. 2 Crack Spread Calendar 10,000 contracts
Un! 87 Up-Down Spread Calendar Swap 10,000 contracts
No. 2 Up-Down Spread Calendar Swap 10,000 contracts
WTI-Bow River Swap 10,000 contracts

New York Harbor Gasoline Calendar Swap

Note: For purposes of this rule, positions in this contract are
aggregated with positions in the New York Harbor Unleaded
Gasoline futures as indicated in Subsection |. above.

New York Harbor Heating Oil Calendar Swap

Note: For purposes of this rule, positions in this contract are
aggregated with positions in the New York Harbor Heating
Oil futures contract as indicated in Subsection |. above.

Freight Route TC1 Swap 10,000 contracts
Freight Route TC4 Swap 5,000 contracts
Freight Route TC5 Swap 10,000 contracts
Freight Route TC2 Swap 5,000 contracts
Freight Route TD3 Swap 10,000 contracts
Freight Route TD5 Swap 10,000 contracts
Freight Route TD7 Swap 40,000 contracts.
Freight Route TD9 Swap 10,000 contracts

Freight Route TD10D Swap 10,000 contracts



Remainder of the rule is unchanged.

Rule 9.27, Expiration and Current Delivery Month Position Limits or Position Accountability

Sections (A) through (B) Ill remain unchanged.

IV. Futures Contracts Listed for Trading Only on NYMEX Net Futures or Futures-
ClearPortTMTM Trading and Listed for Clearing of Off- Equivalent Expiration
Exchange Transactions Through NYMEX ClearPort*” Position Limits
Clearing

Cash-Settled Contracts

Cash-Settled Crude Oil and Crude Oil Products

Freight Route TC1 Swap 1,000 contracts
Freight Route TC4 Swap 500 contracts
Freight Route TC5 Swap 1,000 contracts
Freight Route TC2 Swap 500 contracts
Freight Route TD3 Swap 2,500 contracts
Freight Route TD5 Swap 2,500 contracts
Freight Route TD7 Swap 1,000 contracts
Freight Route TD9 Swap_ 1,000 contracts
Freight Route TD10D Swap 1,000 contracts

Remainder of the rule is unchanged.

Rule 9.34, Reporting Levels

Section (A) Commodity remains unchanged.

Futures Contracts listed for Trading Only on NYMEX ClearPort(sm) Trading
and also Listed for Clearing of Off-Exchange Transactions Through NYMEX
ClearPort(sm) Clearing

Freight Route TC1 Swap 25 contracts
Freight Route TC4 Swap 25 contracts
Freight Route TC5 Swap 25 contracts
Freight Route TC2 Swap 25 contracts
Freight Route TD3 Swap 25 contracts
Freight Route TD5 Swap 25 contracts
Freight Route TD7 Swap 25 contracts
Freight Route TD9 Swap 25 contracts
Freight Route TD10D Swap 25 contracts

Remainder of the rule is unchanged.