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ICE Issues Announcement Regarding Position Limits, Block Requirements, and Large Trader Reporting for New IFUS Energy Products

ICE Futures U.S. ("IFUS") announced that it will adopt position limits, accountability levels, and block trade requirements for six newly listed financial natural gas contracts, six financial environmental contracts and four physical environmental contracts. In addition, IFUS will require large trader reporting for these contracts. Large trader position reports are generated by clearing firms and transmitted daily to ICE Clear Europe. Upon the first instance in which an account exceeds an Exchange reportable threshold, a clearing firm must promptly submit a completed CFTC Form 102 to IFUS Market Regulation. In the announcement, IFUS provided a table indicating the listing of the new products and corresponding limits and levels.

Effective date: April 29, 2013.

View notice in full here (links externally to ICE website).

Tags

Regulated Activities
Ownership Position Limits Regulatory Reporting Trade Reporting
Sub-Activity
Block Trades, CFTC Large Position / Large Trader Reports (Pts. 15-21)
Regulated Entities
FCMs and IBs, Floor Brokers Swap Dealers / SBSDs Traders / Investors / Counterparties
Regulated Products
Energy Products Futures / Security Futures Swaps / SBS
Body of Law
CEA Regulation
Jurisdiction
US - Federal