| Notice to Members |
| Notice No. 328 09/03/2004 |
| NY Commodity Exchanges Announce WTC Commemoration Plans |
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| Both New York commodity exchanges, the New York Mercantile Exchange and the New
York Board of Trade, today announced their plans to commemorate the World Trade
Center tragedy on Friday, September 10.
The New York Mercantile Exchange metals futures and options markets and the New York Board of Trade coffee, sugar, cocoa, FCOJ, and financial markets will open on time and observe moments of silence at 8:46 AM, 9:03 AM, 9:59 AM, and 10:29 AM marking the times that each building was hit by a plane and that each of them collapsed. The markets will remain closed for an additional 30 minutes after the final minute of silence, in memory of each of the former members, staff and clerks affiliated with the two exchanges who died that day, and will reopen at 11:00 AM. Trading and clearing on the New York Mercantile Exchange electronic systems will be closed during the same periods. Open outcry trading in the New York Mercantile Exchange energy futures and options markets and the New York Board of Trade cotton futures and options markets will not open at their regular times, but instead will have a delayed openings, energy at 11 AM and cotton at 11:05 AM (with an 11 AM pre-open). The individuals who will be memorialized include: Steven Furman (former member of the NYMEX Division of the New York Mercantile
Exchange) The New York Board of Trade’s trading facilities, back offices, and data center were completely destroyed in the September 11 attack. Because the exchange had established an emergency backup facility after the 1993 bombing of the World Trade Center, its trading floor was the first to re-open on September 17, 2001. The New York Board of Trade has operated out of the New York Mercantile Exchange
building, leasing trading floor and office space, since September 2003. |
| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |