Notice to Members
Notice No. 18
01/11/2006
Reminder of Exchange Listing Schedule for Daily Electricity Futures Contracts
A number of NYMEX holidays in 2006 will occur on days that are NERC peak days. For Daily Electricity contracts that are based on real-time prices from PJM or MISO, trading terminates on the business day following the peak day when the following day is a business day. When the day following the peak day is not a business day, trading terminates on the last business day prior to the day which is not a business day.

For Daily Electricity contracts that are based on day-ahead prices from NYISO or ISO-NE, trading shall cease on the business day that is the peak day. When the business day is not the peak day, trading shall cease on the previous business day.

The Exchange termination schedule for the NERC peak days in 2006 which are NYMEX holidays is as shown below.

NERC Peak Day that is NYMEX Holiday
(NYMEX Holiday Indicated in Parentheses)
Contract Terminates at
Close of NYMEX Trade Date
 
Monday, January 16, 2006
(Martin Luther King Day)
Friday, January 13, 2006
 
Monday, February 20, 2006
(President's Day)
Friday, February 17, 2006
 
Friday, April 14, 2006
(Good Friday)
Thursday, April 13, 2006
 
Friday, November 24, 2006
(Friday after Thanksgiving)
Wednesday, November 22, 2006
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com