Notice to Members
Notice No. 106
02/23/2007
Spot Month Procedures on the Eve of First Notice Day

Please be reminded that Wednesday, February 28, 2007, is the First Notice Day, for the Gold, Silver, Copper and Aluminum futures delivery month of March 2007 (the new spot month).

On Tuesday, February 27, 2007, the Eve of the First Notice Day, all Brokers and Clearing Members that processed Gold and Silver trades must have a duly authorized, On-Line Trade Entry (“OLTE”) system trained representative available until such time as the Exchange deems necessary.

NOTE: The above requirement is not applicable for Copper and Aluminum which are currently processed through TMS.

It is imperative that trades involving the Spot Month are processed and cleared properly.  Therefore, representatives are expected to make a diligent effort to process all Spot Month trades accurately.

Failure by any Clearing Member or qualified Floor Trader to show due diligence involving Spot Month Trade processing may result in severe disciplinary action by the Exchange.

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com