09/26/2003
The approved rule amendments are effective November 1, 2003.
A copy of the approved rule amendments can be found here.
|
| Notice to Members |
|
| Notice No. 378 09/26/2003 |
|
| Delivery Procedures |
|---|
|
| The Exchange has received approval from the Commodity Futures Trading Commission to amend the delivery rules for the metals futures contracts. 9 The approved rule amendments expand the delivery location by permitting deliveries against the Exchange’s Gold, Silver, Aluminum, Grade 1 Copper, Platinum and Palladium Futures Contracts to take place at the Exchange or such location as may be mutually agreed upon by the Clearing member taking delivery and the Clearing Member making delivery. In addition, the approved rule amendments specify that payment will be made by the electronic transfer of federal funds instead of by certified check.
The approved rule amendments are effective November 1, 2003. A copy of the approved rule amendments can be found here. |
|
| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |