NYSE Euronext to report commitments of traders

The following is from NYSE Euronext...

London, Wednesday, 28 September 2011 - NYSE Liffe, the global derivatives business of NYSE Euronext, announced that it will begin publishing weekly Commitments of Traders (COT) reports for the commodities futures contracts listed on its London market from Monday, 3 October 2011.

The COT reports will show a breakdown of Open Interest across certain pre-defined business categories.* Clearing Members and Non-Clearing Members will be required to submit all client positions in excess of 100 lots, for all delivery months of commodity contracts listed on NYSE Liffe’s London market for Cocoa, Robusta Coffee, White Sugar and Feed Wheat.

NYSE Liffe will publish the COT reports every Monday at 12:00 (London time) in relation to positions held and reported to the Exchange at the close of business of the previous Tuesday. On the first day of publication, the Exchange will also make available, for comparison, the previous three weeks’ reports.**

“Having worked with the market and in the interest of maintaining the effectiveness of our contracts for managing price risk, we are launching the publication of weekly Commitment of Traders reports,” said Ian Dudden, Director for Commodity Derivatives at NYSE Liffe. “The introduction of these reports will enhance market transparency for the commodities futures contracts listed on the London market.”

The COT reports are consistent with the format of the reports published by the U.S. Commodity Futures Trading Commission (CFTC) and the classifications used by NYSE Liffe are compatible with the CFTC’s definitions.

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