Dan Strumpf, The Wall Street Journal, January 10, 2011
Energy hedge fund Centaurus Energy Master Fund LP has been fined $15,000 by the New York Mercantile Exchange for violating position limits on natural gas trading.
The exchange said Monday that Centaurus violated limits in Henry Hub Natural Gas Look-Alike Last Day Financial Futures contracts expiring December 2010. The fund on Nov. 24 held an open position of 5,005.5 equivalent short future contracts, 5.5 equivalent contracts over the fund's limit, Nymex said.
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