Notice to Members
Notice No. 132 02/28/2007
Amendments to COMEX Division Rules 104.62, 104.82, 104.84, 104.86, and 104.88; and the Deletion of COMEX Division Rules 104.63, 104.83, 104.85 and 104.87
Effective March 5, 2007, trades executed on the COMEX Division in Silver Futures and Options will be processed by the Exchange using the Trade Management System (TMS), currently used by the NYMEX Division, rather than the On-Line Trade Entry (OLTE) system that is presently being used for Gold and Silver by the COMEX Division. The amendments to the relevant COMEX Division Rules would enable the use of this system and generally would require that Members take the necessary steps and adhere to the time deadlines applicable to TMS for trade data entry and processing. The following Rules have been amended as they apply to Silver Futures and Options: COMEX Division Rules 104.62, 104.82, 104.84, 104.86, and 104.88; and the deletion of COMEX Division Rules 104.63, 104.83, 104.85 and 104.87. The Rules were amended for Aluminum and Copper Futures and Options on February 12, 2007 (Notice No. 90), and will be phased in for the remaining COMEX contracts over the next few months. Click Here To View Amendments
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com