News Release

NYMEX Announces Trading and Processing Schedule for Memorial Day Holiday

Tue May 22 2007

New York, N.Y., May 22, 2007 — The New York Mercantile Exchange, Inc., today announced a complete trading and processing schedule for May 25 to 29 (all in Eastern time):

Friday May 25, 2007
 

  • Normal trading floor closing all products (NYMEX/COMEX); not an early closing day.
  • NYMEX ClearPort® clearing/trading open until 5:15 PM (May 25 trade date)
  • NYMEX/COMEX products on CME Globex® open until 5:15 PM (May 25 trade date)


  • Sunday May 27, 2007
  • NYMEX ClearPort clearing/trading open for trade submission and trading at 6:00 PM (May 29 trade date)
  • NYMEX/COMEX products on CME Globex open for trading at 6:00 PM (May 29 trade date)
  • NYMEX TAS products on CME Globex are available for trading for May 29 trade date
  • Day/session orders entered on CME Globex are for Tuesday's trade date and will continue working until Tuesday's close at 5:15 PM


  • Monday May 28, 2007 (Memorial Day)
  • NYMEX/COMEX products on CME Globex open until trading halt at 5:15 PM (May 29 trade date). During halt, all markets are in pre-open, which allows order entry, modification, and cancellation.
  • NYMEX ClearPort clearing/trading open for trade submission and trading until trading halt at 5:15 PM (May 29 trade date)
  • NYMEX TAS products on CME Globex are available for trading for May 29 trade date.
  • Day/session orders entered on CME Globex are for Tuesday's trade date and will continue working until Tuesday's close at 5:15 PM.
  • NYMEX/COMEX trading floors closed.
  • NYMEX TMS up/available for trade management for May 29 trade date.
  • Cleared trades API will be available
  • Markets will not be settled and settlements will not be published, as May 28 is not a trade date or processing date.
  • NYMEX intraday files will NOT be produced, NO clearing will occur, no clearing functionality will be available.
  • Daily SPAN and erosion (NERC Holiday) 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.
  • First normal intraday file generated on calendar date May 29 will contain trades from calendar date May 28 (as all trades are for May 29th trade date)
  • NYMEX/COMEX products on CME Globex resume trading at 6:00 PM (May 29 trade date.)
  • NYMEX ClearPort clearing/trading resume trading at 6:00 PM (May 29 trade date)


  • Tuesday May 29, 2007
  • Normal schedule resumes
  • Banking for May 25 clearing cycle will occur
  • Large trader reporting for May 25 trade date due by 8:00 AM
  • Normal erosion for electricity products will occur. Since May 28 is a NERC holiday, "Double Erosion" is not necessary.
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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 or  Keil Decker, 212-299-2209

    Corporate Communications

    +1 312 930 3434
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