Notice to Members
Notice No. 264 08/28/2001
Spot Month Procedures on the Eve of First Notice Day
Please be reminded that Friday, August 31, 2001, is the First Notice Day, for the Gold, Silver, Copper and Aluminum futures delivery month of September 2001 (the new spot month). On Thursday, August 30, 2001, the Eve of the First Notice Day, all Brokers and Clearing Members must have a duly authorized, On-Line Trade Entry ("OLTE") system trained representative available until such time as the Exchange deems necessary. It is imperative that trades involving the Spot Month are processed and cleared properly. Therefore, representatives are expected to make a diligent effort to process all Spot Month trades accurately. Failure by any Clearing Member or qualified Floor Trader to show due diligence involving Spot Month Trade processing may result in severe disciplinary action by the Exchange.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com