Financial Regulatory Forum

Divide grows on setting U.S. energy position limits

Reuters Staff
Sep 16, 2009 19:43 UTC
bart chilton | CME Group | commodities | commodity futures trading commission | futures contracts | gary gensler | IntercontinentalExchange | new york mercantile exchange | oil prices | position limits | speculation

Traders work in the Crude & Natural Gas Options pit at the New York Mercantile Exchange June 10, 2009. REUTERS/Shannon Stapleton By Christopher Doering
WASHINGTON, Sept 16 (Reuters) – The top U.S. futures regulator and two main commodity exchanges were conflicted on Wednesday over who should set tougher position limits if the the Commodity Futures Trading Commission proceeds to take action to curb market manipulation.

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NYMEX sets position limits on some natural gas contracts

Reuters Staff
Jul 28, 2009 16:33 UTC
CFTC | commodity futures | energy | natural gas | new york mercantile exchange | nymex | position limits

Traders at New York Mercantile Exchange NEW YORK, July 28 (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.

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