Notice to Members
Notice No. 652 12/07/2006
Compliance Reminder: Marking of the Opening Range
NYMEX Floor Members are reminded that NYMEX Division Rule 6.90(B) requires that a line be drawn across the trading card below all transactions which are executed during the opening of trading. This requirement is not changed by the new procedures governing the opening of trading. The line must be drawn below the last trade prior to the announcement by floor staff that all months are now open. The opening range for each month will be determined based on trades for that month executed prior to the opening of the subsequent month.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com