Position Limits for Derivatives

---
identifier: "/us/fr/C1-2013-27200"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Position Limits for Derivatives"
title_number: 0
title_name: "Federal Register"
section_number: "C1-2013-27200"
section_name: "Position Limits for Derivatives"
positive_law: false
currency: "2013-12-19"
last_updated: "2013-12-19"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Commodity Futures Trading Commission"
document_number: "C1-2013-27200"
document_type: "proposed_rule"
publication_date: "2013-12-19"
agencies:
  - "Commodity Futures Trading Commission"
cfr_references:
  - "17 CFR Part 1"
  - "17 CFR Part 15"
  - "17 CFR Part 17"
  - "17 CFR Part 19"
  - "17 CFR Part 32"
  - "17 CFR Part 37"
  - "17 CFR Part 38"
  - "17 CFR Part 140"
  - "17 CFR Part 150"
rin: "3038-AD99"
fr_citation: "78 FR 76787"
fr_volume: 78
---


#  Position Limits for Derivatives

**Correction**

In proposed rule document 2013-27200 appearing on pages 75679 through 75842 in the issue of Thursday, December 12, 2013, Table 10 is corrected to appear as seen below.

| Commodity type | Core referenced | Year | Open interest (daily average) | Open interest (month end) | Limit | Limit | Limit |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Legacy Agricultural | CBOT Corn (C) | 2011 | 2,063,231 | 1,987,152 | 53,500 | 51,600 | 53,500 |
|  |  | 2012 | 1,773,525 | 1,726,096 | 46,300 | 45,100 |  |
|  | CBOT Oats (O) | 2011 | 15,375 | 15,149 | 1,600 | 1,600 | 1,600 |
|  |  | 2012 | 12,291 | 11,982 | 1,300 | 1,200 |  |
|  | CBOT Soybeans (S) | 2011 | 822,046 | 798,417 | 22,500 | 21,900 | 26,900 |
|  |  | 2012 | 997,736 | 973,672 | 26,900 | 26,300 |  |
|  | CBOT Soybean Meal (SM) | 2011 | 237,753 | 235,945 | 7,900 | 7,800 | 9,000 |
|  |  | 2012 | 283,304 | 281,480 | 9,000 | 9,000 |  |
|  | CBOT Soybean Oil (SO) | 2011 | 392,658 | 382,100 | 11,700 | 11,500 | 11,900 |
|  |  | 2012 | 397,549 | 388,417 | 11,900 | 11,600 |  |
|  | CBOT Wheat (W) | 2011 | 565,459 | 550,251 | 16,100 | 15,700 | 16,200 |
|  |  | 2012 | 572,068 | 565,490 | 16,200 | 16,100 |  |
|  | ICE Cotton No. 2 (CT) | 2011 | 275,799 | 272,613 | 8,800 | 8,700 | 8,800 |
|  |  | 2012 | 259,608 | 261,789 | 8,400 | 8,500 |  |
|  | KCBT Hard Winter Wheat (KW) | 2011 | 183,400 | 177,998 | 6,500 | 6,400 | 6,500 |
|  |  | 2012 | 155,540 | 155,074 | 5,800 | 5,800 |  |
|  | MGEX Hard Red Spring Wheat (MWE) | 2011 | 55,938 | 54,546 | 3,300 | 3,300 | 3,300 |
|  |  | 2012 | 40,577 | 40,314 | 2,900 | 2,900 |  |
| Other Agricultural | CBOT Rough Rice (RR) | 2011 | 21,788 | 21,606 | 2,200 | 2,200 | 2,200 |
|  |  | 2012 | 15,262 | 14,964 | 1,600 | 1,500 |  |
|  | CME Milk Class III (DA) | 2011 | 55,567 | 57,490 | 3,300 | 3,400 | 3,400 |
|  |  | 2012 | 47,378 | 47,064 | 3,100 | 3,100 |  |
|  | CME Feeder Cattle (FC) | 2011 | 44,611 | 43,730 | 3,000 | 3,000 | 3,000 |
|  |  | 2012 | 44,984 | 43,651 | 3,000 | 3,000 |  |
|  | CME Lean Hog (LH) | 2011 | 284,211 | 288,281 | 9,000 | 9,100 | 9,400 |
|  |  | 2012 | 296,822 | 297,882 | 9,300 | 9,400 |  |
|  | CME Live Cattle (LC) | 2011 | 433,581 | 440,229 | 12,800 | 12,900 | 12,900 |
|  |  | 2012 | 409,501 | 417,037 | 12,200 | 12,400 |  |
|  | ICUS Cocoa (CC) | 2011 | 191,801 | 198,290 | 6,700 | 6,900 | 7,100 |
|  |  | 2012 | 202,886 | 206,808 | 7,000 | 7,100 |  |
|  | ICE Coffee C (KC) | 2011 | 174,845 | 176,079 | 6,300 | 6,300 | 7,100 |
|  |  | 2012 | 204,268 | 207,403 | 7,000 | 7,100 |  |
|  | ICE FCOJ-A (OJ) | 2011 | 37,347 | 36,813 | 2,900 | 2,800 | 2,900 |
|  |  | 2012 | 30,788 | 29,867 | 2,700 | 2,700 |  |
|  | ICE Sugar No. 11 (SB) | 2011 | 814,234 | 806,887 | 22,300 | 22,100 | 23,500 |
|  |  | 2012 | 855,375 | 862,446 | 23,300 | 23,500 |  |
|  | ICE Sugar No. 16 (SF) | 2011 | 11,532 | 11,662 | 1,200 | 1,200 | 1,200 |
|  |  | 2012 | 10,485 | 10,530 | 1,100 | 1,100 |  |
| Energy | NYMEX Henry Hub Natural Gas (NG) | 2011 | 4,831,973 | 4,821,859 | 122,700 | 122,500 | 149,600 |
|  |  | 2012 | 5,905,137 | 5,866,365 | 149,600 | 148,600 |  |
|  | NYMEX Light Sweet Crude Oil (CL) | 2011 | 4,214,770 | 4,291,662 | 107,300 | 109,200 | 109,200 |
|  |  | 2012 | 3,720,590 | 3,804,287 | 94,900 | 97,000 |  |
|  | NYMEX NY Harbor ULSD (HO) | 2011 | 559,280 | 566,600 | 15,900 | 16,100 | 16,100 |
|  |  | 2012 | 473,004 | 485,468 | 13,800 | 14,100 |  |
|  | NYMEX RBOB Gasoline (RB) | 2011 | 362,349 | 370,207 | 11,000 | 11,200 | 11,800 |
|  |  | 2012 | 388,479 | 393,219 | 11,600 | 11,800 |  |
| Metals | COMEX Copper (HG) | 2011 | 134,097 | 131,688 | 5,300 | 5,200 | 5,600 |
|  |  | 2012 | 148,767 | 147,187 | 5,600 | 5,600 |  |
|  | COMEX Gold (GC) | 2011 | 782,793 | 746,904 | 21,500 | 20,600 | 21,500 |
|  |  | 2012 | 685,618 | 668,751 | 19,100 | 18,600 |  |
|  | COMEX Silver (SI) | 2011 | 179,393 | 172,567 | 6,400 | 6,200 | 6,400 |
|  |  | 2012 | 165,670 | 164,064 | 6,100 | 6,000 |  |
|  | NYMEX Palladium (PA) | 2011 | 22,327 | 22,244 | 2,300 | 2,300 | 5,000 |
|  |  | 2012 | 23,869 | 24,265 | 2,400 | 2,500 |  |
|  | NYMEX Platinum (PL) | 2011 | 40,988 | 40,750 | 2,900 | 2,900 | 5,000 |
|  |  | 2012 | 54,838 | 54,849 | 3,300 | 3,300 |  |