News Release

NYMEX Announces Trading and Processing Schedule for President's Day Holiday

Wed Feb 14 2007

New York, N.Y., February 14, 2007 —New York Mercantile Exchange, Inc., today announced a complete trading and processing schedule for February 16 to 20 (all in Eastern time):

Friday February 16, 2007

  • Normal Floor closing all products (NYMEX/COMEX); Not an early closing day.
  • NYMEX ClearPort® clearing and trading will be open until 5:15 PM for the Feb. 16 trade date.
  • NYMEX/COMEX products will trade on CME Globex® until 5:15 PM for Feb. 16 trade date.



Sunday February 18, 2007

  • NYMEX ClearPort clearing and trading will be open for trade submission and trading at 6:00 PM for the Feb. 20 trade date.
  • NYMEX/COMEX products will trade on CME Globex beginning at 6:00 PM for the Feb. 20 trade date.
  • NYMEX trading at settlement (TAS) products on CME Globex will be available for trading for Feb. 20 Trade Date.
  • Day/session orders entered on CME Globex will be for Tuesday's trade date and will continue working until Tuesday's close at 5:15 PM.



Monday February 19, 2007 (President's Day)

  • NYMEX/COMEX products on CME Globex will be open until the trading halt at 5:15 PM (Feb. 20 Trade Date.) During the halt, all markets are in pre–open, which allows order entry, modification, and cancellation.
  • NYMEX ClearPort clearing and trading will be open for trade submission and trading until the trading halt at 5:15 PM (Feb. 20 Trade Date.)
  • NYMEX TAS products on CME Globex will be available for trading for Feb. 20 Trade Date.
  • Day/session orders entered on CME Globex will be for Tuesday's trade date and will continue working until Tuesday's close at 5:15 PM.
  • NYMEX/COMEX trading floors and Longitude Daily Auctions will be closed.
  • NYMEX TMS up/available for trade management for the Feb. 20 Trade Date.
  • Cleared trades API will be available.
  • Markets will not be settled and settlements will not be published, as February 19 is not a trade date or processing date.
  • NYMEX intra–day files will not be produced, no clearing will occur, and no clearing functionality will be available.
  • Daily SPAN and erosion files will not be produced.
  • Options can not be exercised.
  • There will not be any allocation of energy and metal deliveries or delivery notices, and related forms will not be accepted.
  • The first normal intra–day file generated on calendar date February 20 will contain trades from calendar date February 19 (as all trades are for February 20 trade date.)
  • NYMEX/COMEX products on CME Globex will resume trading at 6:00 PM for Feb. 20 trade date.
  • NYMEX ClearPort clearing and trading will resume operations at 6:00 PM for Feb. 20 trade date.

Tuesday February 20, 2007)

  • Normal schedule resumes.
  • Banking for February 16 clearing cycle will occur.
  • Large trader reporting for February 16 trade date will be due by 8:00 AM.
  • "Double Erosion" will occur to account for the February 19 peak day. Two erosion files will be produced.
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Forward Looking and Cautionary Statements
This press release may contain forward–looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results. Forward–looking statements involve a number of assumptions, risks, and uncertainties, any of which may cause actual results to differ materially from the anticipated, estimated, or projected results referenced in forward–looking statements. In particular, the forward–looking statements of NYMEX Holdings, Inc., and its subsidiaries are subject to the following risks and uncertainties: the success and timing of new futures contracts and products; changes in political, economic, or industry conditions; the unfavorable resolution of material legal proceedings; the impact and timing of technological changes and the adequacy of intellectual property protection; the impact of legislative and regulatory actions, including without limitation, actions by the Commodity Futures Trading Commission; and terrorist activities and international hostilities, which may affect the general economy as well as oil and other commodity markets. We assume no obligation to update or supplement our forward–looking statements.

Contact: Anu Ahluwalia , 212-299-2439

Corporate Communications

+1 312 930 3434
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