New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will delist the COMEX Division Aluminum Futures (AL) and the COMEX Division Aluminum Options (OA) contracts as follows: (i) upon the expiration of the September 2009 Aluminum Futures contract month on September 28, 2009; and (ii) upon the expiration of the September 2009 Aluminum Options contract month on August 26, 2009. No additional contract months will be listed for trading.
Effective Wednesday, September 30, 2009, the last delivery day for the September 2009 Aluminum Futures contract, the Exchange’s insurance program, which insures Aluminum under a paper Warrant issued by the Exchange’s Licensed Warehouses for Aluminum, will be terminated. Market participants holding paper Warrants should (1) return these Warrants to the Exchange’s Licensed Warehouse that issued them and request that a new document of title be issued, and (2) arrange for their own insurance coverage for their Aluminum.
Should you have any questions or require any further information, please contact Robert Levin at 212-299-2390 or Joann Arena at 212-299-2356.
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