Notice to Members
Notice No. 07 01/06/2005
Announcement of Audit Trial Class on January 25, 2005
Please be advised that an Audit Trail Class will be held on Tuesday, January 25, 2005 in Room 1011 at 3 p.m. The audit trail process will be reviewed and strategies suggested for achieving an overall passing percentage. Additionally, the class will address the inclusion of spread trades in the calculation of pit card submission percentages which became effective beginning with the month of December 2004. Members who attend the class will be eligible to have warning letters or fines rescinded for two subsequent months in which they fail to achieve a passing rate of 80%, provided that their submission rates are between 70% and 79% during that month.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com