Notice to Members
Notice No. 63 02/20/2001
Implementation of NYMEX Resolution Extending the Trading of Liquefied Propane Gas Futures in the Platinum Ring and Extending Proprietary Trading of Propane Futures by COMEX Members
The purpose of this Notice is to advise Members of an Exchange Resolution (stated below) that continues the trading of Liquefied Propane Gas Futures in the Platinum Ring and that continues to permit proprietary trading of such Propane futures by COMEX Members. The Resolution becomes effective tomorrow. * * * * RESOLUTION OF THE BOARD OF DIRECTORS OF THE NEW YORK MERCANTILE EXCHANGE, INC. REGARDING THE TRADING OF LIQUIFIED PROPANE GAS FUTURES RESOLVED that the trading of Liquefied Propane Gas Futures shall continue in the Platinum Ring and that COMEX Members trading privileges that permit proprietary trading of Liquefied Propane Gas Futures by open-outcry in the Platinum Ring and on NYMEX ACCESS® shall continue until such time that these trading privileges are revoked by the Board of Directors, and IT IS FURTHER RESOLVED that these trading privileges are revocable at any time by further act of the Board of Directors in its sole discretion.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com