09/09/2004
That threshold has been met for e-miNY crude oil. Therefore, as of September 8, 2004, e-miNY Floor Trading Permits for e-miNY crude oil will no longer be issued.
NYMEX Members may still submit new applications for e-miNY Trading Permits for e-miNY natural gas futures until such time that the average daily volume of 3,000 contracts for a period of 22 business days has been reached. Once this threshold has been met, no further e-miNY Trading Permits will be issued.
Once a NYMEX Member is approved for an e-miNY Trading Permit for natural gas and has received a booth assignment, the booth must be staffed with an e-miNY Designee within 30 days of the assignment. The e-miNY Designee must be present at the booth on a daily basis consistent with regular trading hours.
Those e-miNY Trading Permit holders that do not meet the criteria stated above will have their e-miNY Trading Permit revoked.