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| Notice to Members | |||||||||
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| Notice No. 423 11/02/2004 |
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| Changes in Timing and Location of WTI-Brent Spread Trading | |||||||||
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| With the launch of the Dublin trading floor on November 1, 2004, the Exchange allowed the trading of a WTI-Brent spread, which is quoted at a differential and is split into the respective legs of the spread when the spread is cleared. The Exchange has determined to amend the hours and location of trading to permit WTI-Brent Spread trading on the Dublin trading floor, during the hours that the Dublin trading floor is open (i.e., from 10AM to 7:30 PM Prevailing Dublin time). Trading will only take place on the Dublin floor and, thereafter, on NYMEX ACCESS®. The trading hours for this WTI-Brent spread are to be amended as follows:
Effective Trading Hours for WTI-Brent Spread Trading (Bold indicates additions; strikethroughs indicate deletions.)
These changes will be in effect for the Wednesday, November 3, 2004 trading session. |
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| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |