Notice to Members
Notice No. 261 05/14/2007
Change in Size of NYMEX Bundle – NYMEX Trading Right + 60,000 Shares of NYMEX Holdings, Inc. Common Stock
Effective Tuesday May 15, 2007, the share component of the NYMEX Bundle will be reduced from 75,000 shares of NYMEX Holdings, Inc. Common Stock to 60,000 shares of NYMEX Holdings, Inc. Common Stock. The specific composition of a NYMEX Bundle will be one NYMEX Trading Right plus 30,000 Series A-2 and 30,000 Series A-3 NYMEX Holdings, Inc. Common Stock. The reduction in the size of the NYMEX Bundle is a result of the Series A-1 NYMEX Holdings, Inc. Common Stock becoming unrestricted on May 15, 2007 and in no way affects NYMEX Rule 2.10 (Member Firm Privileges) which requires each NYMEX Member Firm to maintain 150,000 shares of NYMEX Holdings, Inc. Common Stock to become and/or maintain Member Firm privileges in the NYMEX Division of the Exchange. At present, the 150,000 shares of NYMEX Holdings, Inc. Common stock would be made up of 30,000 shares of NYMEX Holdings, Inc. unrestricted stock, 60,000 shares of NYMEX Holdings, Inc. Series A-2 Common Stock and 60,000 shares of NYNMEX Holdings, Inc. Series A-3 Common Stock.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com