SUBMISSION COVER SHEET

IMPORTANT: Check box if Confidential Treatment is requested

Registered Entity Identifier Code (optional): 14-257

Organization: New York Mercantile Exchange, Inc. ("NYMEX")

Filing as a: DCM SEF DCO SDR 

Please note - only ONE choice allowed.

Filing Date (mm/dd/yy): August 8, 2014 Filing Description: Revisions to

the NYMEX Position Limit, Position Accountability and Reportable Level

Table Located in the Interpretations and Special Notices Section of Chapter

5 of the NYMEX Rulebook Comprised of Corrections and Administrative

Changes Reflecting the Accurate Terms of the Contracts.

SPECIFY FILING TYPE 

Please note only ONE choice allowed per Submission.

Organization Rules and Rule Amendments

Certification § 40.6(a)

Approval § 40.5(a)

Notification § 40.6(d)

Advance Notice of SIDCO Rule Change § 40.10(a)

SIDCO Emergency Rule Change § 40.10(h)

Rule Numbers: NYMEX Chapter 5

New Product Please note only ONE product per Submission.

Certification § 40.2(a) 

Certification Security Futures § 41.23(a)

Certification Swap Class § 40.2(d)

Approval § 40.3(a)

Approval Security Futures § 41.23(b)

Novel Derivative Product Notification § 40.12(a)

Swap Submission § 39.5

Official Product Name: 

Product Terms and Conditions (product related Rules and Rule Amendments)

Certification § 40.6(a) 

Certification Made Available to Trade Determination § 40.6(a)

Certification Security Futures § 41.24(a)

Delisting (No Open Interest) § 40.6(a) 

Approval § 40.5(a)

Approval Made Available to Trade Determination § 40.5(a)

Approval Security Futures § 41.24(c)

Approval Amendments to enumerated agricultural products § 40.4(a), § 40.5(a)

“Non-Material Agricultural Rule Change” § 40.4(b)(5)

Notification § 40.6(d)

Official Name(s) of Product(s) Affected: 

Rule Numbers: 
1 North End Avenue New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

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Christopher Bowen 

Managing Director and Chief Regulatory Counsel

Legal Department

August 8, 2014

VIA ELECTRONIC PORTAL

Ms. Melissa Jurgens

Office of the Secretariat

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, DC 20581

RE: CFTC Regulation 40.6(a) Certification. Revisions to NYMEX Chapter 5 Position 

Limit Table.

NYMEX Submission No. 14-257

Dear Ms. Jurgens:

New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) is notifying the Commodity Futures 

Trading Commission (“CFTC” or “Commission”) that it is self-certifying a series of revisions to the Position 

Limit, Position Accountability and Reportable Level Table (the “Table”) located in the Interpretations & 

Special Notices Section of Chapter 5 of the NYMEX Rulebook impacting thirty-four (34) existing power, 

natural gas, crude oil and refined products. The amendments will be effective on Monday, August 25, 

2014.

The revisions are intended to correct certain terms and conditions in the table such that the amended 

terms and conditions are in line with the actual terms and conditions of the contracts. The revisions are 

administrative, non-substantive changes that are programmed correctly in the system but inadvertently 

missing and/or not appropriately reflected in the Table. 

Crude Oil and Refined Products:

 Addition of an indication that certain products have diminishing balances which was 

inadvertently omitted from the Table.

 Correction of typographical error in reflecting the conversion factor from gallon to metric ton.

 Correction of typographical error contained in the spot month limit in contract units (the spot 

month limit in futures equivalents is correctly displayed).

Natural Gas:

 Correction to aggregations and associated spot limit, single and all month aggregation levels to 

reflect the increase in limits for those regions pursuant to NYMEX Submission No. 14-144. 

 Correction to option aggregation and associated spot limit, single and all month aggregation 

levels.

 Correction to single and all month accountability levels for certain contracts.

Power:

 Correction to aggregations and associated spot limit, single and all month aggregation levels.

The revisions are set forth in Exhibit A (attached under separate cover), with additions underscored and 

deletions overstruck.

The Market Regulation Department and the Legal Department collectively reviewed the designated 

contract market core principles (“Core Principles”) as set forth in the Commodity Exchange Act (“CEA” or 

“Act”). During the review, we have identified that the administrative revisions to the Table located in the 
1 North End Avenue New York, NY 10282 T 212 299 2200 F 212 299 2299 christopher.bowen@cmegroup.com cmegroup.com

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Interpretations & Special Notices Section of Chapter 5 of the NYMEX Rulebook, may have some bearing 

on the following Core Principle:

Availability of General Information: The corrected terms and conditions will be avalaible on the

NYMEX website in Chapter 5 of the NYMEX rulebook. 

NYMEX certifies that the revisions and the administrative amendments to the Interpretations & Special 

Notices Relating to Chapter 5 of the NYMEX Rulebook comply with the Act and regulations thereunder. 

There were no opposing views to the revisions or the administrative amendments to the Interpretations & 

Special Notices Relating to Chapter 5.

The Exchange certifies that this submission has been concurrently posted on the CME Group website at

http://www.cmegroup.com/market-regulation/rule-filings.html. 

Should you have any questions concerning the above, please contact the undersigned at (212) 299-2200 

or via e-mail at Christopher.Bowen@cmegroup.com.

Sincerely,

/s/ Christopher Bowen

Managing Director and Chief Regulatory Counsel

Attachment: Exhibit A – Revisions to the NYMEX Position Limit, Position Accountability and 

Reportable Level Table located in the Interpretaions & Special Notices Section of 

Chapter 5 of the NYMEX Rulebook (attached under separate cover)
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Exhibit A

Position Limit, Position Accountability, and Reportable Level Table in

Chapter 5 of the NYMEX Rulebook

(provided under separate cover)