Reminder: Spot Month Position Limit Dates for Financial and Energy Contracts
ICE
Published on 05/01/2025 at 17:05
May 1, 2025
For the June 2025 expiry contracts in Financial and Energy contracts and for spot month Oil and NGL contracts expiring in May 2025, positions must be in compliance with spot month position limits on and after the compliance date. Please be reminded that position limits apply on both an inter-day and intra-day basis. This means that positions must be in compliance with spot month position limits as of the close of business on the business day preceding each of the compliance dates listed below.
Commodity
Compliance Date
Position Limit
Turkish Lira - Euro (ETR)
Turkish Lira - US $ (TRM)
June 10, 2025
2,000 contracts
Polish Zloty - Euro (PLE)
Polish Zloty - US $ (PLN)
June 10, 2025
30,000 contracts
Israeli Shekel - US $ (ILS)
June 10, 2025
6,000 contracts
Euro - Czech Koruna (EZ)
US $ - Czech Koruna (VC)
June 10, 2025
12,000 contracts
Euro - Hungarian Forint (HR)
US $ - Hungarian Forint (VU)
June 10, 2025
8,000 contracts
US $ - South African Rand (ZR)
Mexican Peso - US $ (KMP)
June 10, 2025
20,000 contracts
Euro - South African Rand (YZ) Sterling - South African Rand (PZ)
June 10, 2025
3,000 contracts
For a complete list of position limits for Ag, Metal and Financial Products contracts, please refer to the Ag, Metal and Financial Products Position Limits table on our website.
Commodity
Compliance Date
Henry LD1 Fixed Price
May 23, 2025
Natural Gas
May 23, 2025
LNG
May 28, 2025
Power1
June 2, 2025
Environmental
June 2, 2025
1Including spot month capacity contracts expiring in June 2025.
Commodity
Compliance Date
Oil
May 28, 2025
Natural Gas Liquids (NGLs)
May 28, 2025
Physical Oil Americas
May 22, 2025
Excluding those contracts individually listed below, all positions in Oil and NGL contracts must be in compliance with spot month position limits as of the close of business on the business day preceding the compliance dates listed above.
Commodity
Commodity Code
Compliance Date
Condensate Diff - ICE C5 1A Index Future
TMF
5/13/2025
Crude Diff - Argus Bakken (Clearbrook) Crude Oil Future
BAK
5/13/2025
Crude Diff - ICE SW 1A Index Balmo Future
TMZ
5/13/2025
Crude Diff - ICE SW 1A Index Future
TMR
5/13/2025
Crude Diff - ICE SYN 1A Index Future
TMS
5/13/2025
Crude Diff - ICE UHC 1A Index Future
TMU
5/13/2025
Crude Diff - ICE WCS 1A Index Balmo Future
TMY
5/13/2025
Crude Diff - ICE WCS 1A Index Future
TMW
5/13/2025
Crude Diff - ICE WCS 1B Index Balmo Future
TDY
5/13/2025
Crude Diff - ICE WCS 1B Index Future
TDX
5/13/2025
Crude Oil Diff - ICE CLK EDM 1a Index Future
CLE
5/13/2025
Crude Diff - ICE HITAN EDM 1a Index Future
HTN
5/13/2025
Crude Diff - WTI 1-Month Calendar Spread Future
TIA
5/16/2025
Crude Diff - WTI 1-Month Calendar Spread Option
TIA
5/16/2025
Crude Outright - WTI Bullet Future
WTB
5/16/2025
Crude Diff - Midland WTI American Gulf Coast Diff to CMA ICE Trade Month Future
CM1
5/16/2025
Crude Diff - Midland WTI American Gulf Coast Diff to CMA ICE Trade Month Balmo Future
CM2
5/16/2025
Crude Diff - Argus LLS vs WTI Trade Month Balmo Future
ARQ
5/21/2025
Crude Diff - Argus LLS vs WTI Trade Month Future
ARL
5/21/2025
Crude Diff - Argus Mars vs WTI Trade Month Future
ARW
5/21/2025
Crude Diff - Argus WCS (Cushing) Crude Oil Trade Month Future
CSH
5/21/2025
Crude Diff - Argus WCS (Houston) Crude Oil Trade Month Future
ARV
5/21/2025
Crude Diff - Argus WTI CMA Trade Month Future
AIM
5/21/2025
Crude Diff - Argus WTI Houston vs Argus WTI Midland Trade Month Future
MSN
5/21/2025
Crude Diff - Argus WTI Houston vs WTI Trade Month Average Price Option
ACM
5/21/2025
Crude Diff - Argus WTI Houston vs WTI Trade Month Future
ACM
5/21/2025
Crude Diff - Argus WTI Midland vs WTI Trade Month Average Price Option
MSV
5/21/2025
Crude Diff - Argus WTI Midland vs WTI Trade Month Future
MSV
5/21/2025
Crude Diff - Argus WTS vs WTI Trade Month Balmo Future
AVS
5/21/2025
Crude Diff - Argus WTS vs WTI Trade Month Future
AVT
5/21/2025
Crude Outright - Argus WTI Cushing Trade Month Future
ACT
5/21/2025
Crude Outright - Permian WTI Trade Month Future
HOY
5/21/2025
Crude Outright - WTI Cushing Trade Month Future
WTC
5/21/2025
Crude Outright - Argus WTI Midland Trade Month Future
JFP
5/21/2025
Crude Outright - Argus WTI Houston Trade Month Future
JFQ
5/21/2025
Crude Outright - Argus Mars Trade Month Future
JFS
5/21/2025
Crude Outright - Argus LLS Trade Month Future
JFT
5/21/2025
Crude Outright - Argus WTS Trade Month Future
JFU
5/21/2025
Crude Oil Diff - Argus SGC vs WTI Trade Month Future
AJA
5/21/2025
Crude Oil Outright - Argus SGC Trade Month Future
TEK
5/21/2025
Crude Diff - Argus WTL Midland vs WTI Trade Month Future
MTD
5/21/2025
Crude Oil Diff - Argus Bakken Cushing vs WTI Trade Month Future
BAF
5/21/2025
Crude Diff - ICE Midland WTI American Gulf Coast Trade Month vs WTI Trade Month Future
HOI
5/16/2025
Crude Diff - Argus Bakken (DAPL) Crude Oil Trade Month Future
DPL
5/21/2025
Crude Diff - Argus Canadian High TAN (Houston) Crude Oil Trade Month Future
ARX
5/21/2025
Crude Diff - Argus X-Pipe Midland WTI vs WTI Trade Month Future
AXM
5/21/2025
Crude Diff - Argus Bakken (Patoka) Crude Oil Trade Month Future
PAB
5/21/2025
Fuel Oil Outright - Argus US Atlantic Coast Asphalt Future
NEA
5/28/2025
Fuel Oil Outright - Argus US Gulf Coast Asphalt Future
BIT
5/28/2025
Fuel Oil Outright - Argus US Midcontinent Asphalt Future
MWR
5/28/2025
Fuel Oil Outright - Argus US Atlantic Coast New York Asphalt
NYA
5/28/2025
Diesel Diff - New York Harbor ULSD 1-month Calendar Spread Future
HOC
5/28/2025
Diesel Diff - New York Harbor ULSD 1-month Calendar Spread Option
HOC
5/28/2025
Crude Diff - WTI vs Brent Bullet Future
TIB
5/27/2025
Crude Diff - WTI vs Brent Spread Option
TIB
5/27/2025
Gasoline Diff - RBOB Gasoline 1-Month Calendar Spread Future
RCM
5/28/2025
Gasoline Diff - RBOB Gasoline 1-Month Calendar Spread Option
RCM
5/28/2025
For a complete list of position limits for energy contracts, please refer to the Energy Position Limit, Accountability and Reportable Levels table on our website.
Participants and Clearing Members in the Exchange's Environmental markets are further reminded that, separate and apart from the Exchange's Spot Month Position Limits, certain limitations may apply to the number of physical instruments an entity may hold at any point in time in the registry of an applicable program. Participants and their Clearing Members are responsible for delivery obligations against outstanding Exchange contracts and should be aware of all such applicable limits so that positions are properly managed through expiration and delivery.
Exemptions may be available for bona fide hedging positions, arbitrage, spread or straddle positions or risk management positions in accordance with Rule 6.29. For the Henry Hub LD1 Fixed Price Future, a Conditional Limit is also available in accordance with Rule 6.20. Exemption requests should be submitted no later than five (5) business days prior to the date the position limit takes effect. Please address any questions to one of the contacts listed in this Notice. To apply for exemptive relief for a spot month contract please complete and submit the appropriate application provided below.
Agricultural Spot Month Position Limit Exemption Form Energy Position Limit Exemption Form
Conditional Limit Request Form
FOR MORE INFORMATION
Tim Reilly 212-748-3938
Patrick Swartzer 312-836-6745
Disclaimer
ICE - Intercontinental Exchange Inc. published this content on May 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2025 at 21:02 UTC.