Notice to Members
Notice No. 211 06/03/2004
Revision to NYMEX Rule 6.57, Post Close Trading Session
At its meeting on June 2, 2004, the Board of Directors approved extending the post-close trading session on NYMEX to include options in the first twelve (12) listed delivery months, effective Friday, June 4, 2004. The post-close trading session for options would coincide with that of the underlying futures contracts. The Executive Committee, at the request of the Options Advisory Committee, also approved the revision on May 11. (Bold indicates additions) Rule 6.57, Post-Close Trading Session. Fifteen (15) minutes after the close of trading in all energy futures and option contracts traded on the NYMEX trading floor, or five (5) minutes after the closing range is established for all applicable contract month other than contract months in the Sour Crude Oil futures contract, whichever is later, trading shall resume for a period of two (2) minutes (the "Session") in all energy and metals futures and option contracts, subject to the following conditions: (Sections (A) through (F) remain the same.)
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com