Risk and compliance - they are intertwined. Look at the CME emergency action on trading limits yesterday

Yesterday, the NYMEX nat gas contract had a limit move. This is a compliance rule that can have a direct impact on a company's risk analysis. Late yesterday, the CME declared an "Emergency Action" to increase the limits for trade moves intraday from $0.30 to $0.50 for the NG contract and seven other related products (last day futures and others all directly related to NG) effective this morning. This has just changed the risk profile of a front month move without a limit break. The CME notice is here - ​https://go.cmegroup.com/webmail/502091/218011477/1ffb0325164e907555ccefdb1d9132bac8271174a0ef19b44f91233a740e6a73. So - is this something your risk manager, general counsel or your compliance officer tracks in your company? That is why process for allocation of responsibility is so critical in this space.
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