On August 9, 2006 the NYMEX called Amaranth with
continued concern about the September 2006 contract and
warned that October 2006 was large as well and they should
not simply reduce the September exposure by shifting contracts
to the October contract. In fact, by the close of business that
day, Amaranth increased their October 2006 position by
17,560 contacts and their ICE positions by 105.75. For
September 2006, Amaranth did follow NYMEX instructions
by reducing NYMEX natural gas positions by a further 24,310,
but increased September ICE positions by 4,155.