Notice to Members
Notice No. 191 04/11/2003
Exchange Announces Strong First Day for PJM Electricity Futures
The New York Mercantile Exchange, Inc., announced today that PJM electricity futures had an estimated volume of 1,195 contracts in its first day of trading. The opening bell was rung at 7:30 AM by PJM Interconnection, LLC, representatives Kenneth W. Laughlin, vice president of market services; Francis Barrett, director of business development; and Yvette M. Brown, manager of customer relations and training. It is traded through open outcry from 7:30 AM to 2:30 PM and from 3:15, Mondays through Thursdays, to 7 AM the next day on NYMEX ClearPortsm. On Sunday evenings, trading begins on NYMEX ClearPortsm at 7 PM. The Exchange will introduce a weekly PJM futures contract the afternoon of May 22 for the trade date of May 23, and a daily futures contract will be introduced the afternoon of May 29 for the trade date of May 30.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com