On October 20, 2006, the Exchange, via notice number 554, set forth certain procedures regarding the trading of NYMEX Common Stock, Bundles, and Trading Rights. In accordance with that notice, please be reminded that our policy after November 1, 2006, with regard to accepting bids and offers for common stock, bundled seats and trading rights will be as follows:
- Commencing at 3:00 PM on Wednesday, November 1, 2006, the Company will permanently cease to accept, administer or post bids and offers for NYMEX Holdings, Inc. common stock.
- The Company will, however, continue accepting, administering and posting written bids and offers for bundled seats (NYMEX Division Class A Membership “trading right” plus 90,000 shares of NYMEX Holdings, Inc. common stock), and for NYMEX Division Class A Memberships ("trading rights").
A registration statement relating to the securities to be sold in the offering has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. |
