ICE OTC Market - Guidance on Swaps to Futures Transition: Position Limits, Accountability Levels and Hedge Exemptions
ICE previously announced that the transition of all cleared OTC products listed on ICE's OTC energy market has been accelerated to take effect on October 15, 2012. The following issues are addressed in this notice:
- Position Limits and Accountability Levels for Futures
- Effective Date for Position Limits
- New Position Limits
- Product Aggregation for Position Limits
- Exemptions
- Large Trader Reporting to the Exchange
View notice in full here (links externally to ICE website). See also: Speech by CFTC Commissioner O'Malia on the transition of ICE products from swaps to futures.