The Exchange is amending NYMEX Rule 6.90, Trading Card Procedures, to outline the requirements for recordation of electronically-executed trades on a Member’s trading cards.

Members will be permitted to record electronic executions on their trading card to help them keep track of their personal position and of executions done electronically for customers. If a Member elects to use trading card lines to record this information and to co-mingle electronic and floor executions on his trading card, the lines used for electronic trades must be clearly marked with a designation indicating that the trade should not be entered by the data entry clerk. Electronic trades must be entered on the trading card in the exact sequential location where they occur and, if the trade has not been allocated on the system to the ultimate account, must indicate whether they are for a Member or a customer. (Procedures for Members handling type 3 trades were outlined in Notice No. 07-75 dated February 8, 2007.) A Member may also elect to use a separate area of the trading card to record the electronic executions, but must draw a line under the open outcry trades and clearly mark the line with the word “electronic” to distinguish it from a line indicating opening or closing range. Members electing to record electronic executions on their cards do not have to record all their electronic trades, but must, if they opt to co-mingle the electronic with the open outcry trades, record the trades sequentially. These amendments will be effective February 15, 2007.

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(Additions are in bold/underline; deletions in bold/strikethrough.)

Rule 6.90, Trading Card Procedures

(A) A Floor Member shall regularly and promptly record all transactions that he executes on a sequentially numbered trading card pre-printed and issued by the Exchange. The Exchange shall maintain a record of all trading cards issued to such Floor Member. Each member shall be accountable for maintaining the original soft ply of all trading cards issued to such member in exact numerical sequence, including soft plies which are not used by the Floor Member or collected by the Exchange. Where the transaction is an EFP EFS, EFM, EFB, or IXA, not executed by the Floor Member, the Floor Member's clerk may record the transaction on a separate trading card, provided that the trading card is clearly marked "EFP/EFS/EFM/EFB/IXA only."

(B) All trading cards shall show the Member's symbol, the date, price differential or premium, quantity, commodity, delivery month or expiration date, the opposite Floor Member, and, for options, the strike price, and whether the transaction involved a put or a call. With the exception of trades executed during the opening or closing ranges, members shall record the exact time of execution to the minute of the first trade made on each trading card. Members shall identify on their trading cards all trades executed during the opening and closing ranges by marking a line across the card below all transactions executed during the opening and above all transactions executed during the closing range. All transactions must be recorded in exact chronological order of execution on sequential lines of the trading card without skipping lines between trades. A member who executes trades both at open outcry and on an electronic tablet from the ring is not required to, but may elect to record any or all of the electronic executions on the trading card, under the following circumstances: the trade must be clearly designated with an E in the opposite broker column, and must indicate at a minimum side of market, quantity, month and price. The trade must be sequentially recorded and, the trade must indicate whether it is for the account of the member, another member or for a customer. Members may also chose to record electronic executions on a separate area of the trading card by marking a line across the card, labeling the line “electronic” and recording electronic executions below the line. If a member chooses this option, no open outcry trades may be recorded below the line. If any lines remain after the final transaction has been recorded on a trading card, including lines either above or below the “electronic” line designation, they shall be marked through by the Floor Member. EFP/EFS/EFM/EFB/IXA transactions may be recorded on a separate non-sequentially numbered trading card.

Remainder of the Rule is unchanged.