Notice to Members
Notice No. 326
06/27/2007
Trading and Processing Schedule for July Fourth Holiday
The complete trading and processing schedule for July 3-5, 2007 is as follows (All Times Eastern):

Tuesday July 3, 2007
  • Normal Floor Closing all products (NYMEX/COMEX); Not an early closing day.
  • NYMEX/COMEX products on CME Globex® open until 5:15 PM (July 3 Trade Date.)
  • NYMEX ClearPort® Clearing open until 5:15 PM (July 3 Trade Date.)
  • NYMEX ClearPort® Trading (DME Direct) open until 5:15 PM (July 3 Trade Date.)

  • NYMEX/COMEX products on CME Globex re-open for trading at 6:00 PM (July 5 Trade Date.)
  • NYMEX TAS products on CME Globex are available for trading for July 5 Trade Date.
  • Day/Session orders entered on CME Globex are for Thursday's Trade Date and will continue working until Thursday's Close at 5:15 PM EST.
  • NYMEX ClearPort Clearing re-open for trade submission at 6:00 PM (July 5 Trade Date.)
  • NYMEX ClearPort Trading (DME Direct) re-open for trading at 6:00 PM (July 5 Trade Date.)
  • Day/Session orders entered on DME Direct on NYMEX ClearPort Trading are for Thursday's Trade Date and will continue working until Thursday's Close at 5:15 PM EST.

  • Large Trader Reporting (DME) for the July 3rd trade date for any Clearing Members holding DME positions due by midnight.
Wednesday July 4, 2007 (Independence Day)
  • DME Intraday Settlement Price (OSP) to be published at normal time of 4:30 AM Eastern for July 4th Calendar Date
  • NYMEX ClearPort Trading (DME Direct) open for trading until trading halt at 5:15 PM (July 5 Trade Date.)
  • NYMEX/COMEX products on CME Globex open until Trading Halt at 5:15 PM (July 5 Trade Date.) During Halt, all markets are in Pre-Open, which allows Order Entry, Modification and Cancellation.
  • NYMEX TAS products on CME Globex are available for trading for July 5 Trade Date.
  • Day/Session orders entered on CME Globex are for Thursday’s Trade Date and will continue working until Thursday's Close at 5:15 PM EST.
  • NYMEX ClearPort Clearing open for trade submission until trading halt at 5:15 PM (July 5 Trade Date.)

  • NYMEX/COMEX Trading Floors closed.
  • NYMEX TMS up/available for Trade Management for July 5 Trade Date.
  • Cleared Trades API will be available
  • Markets will not be settled and final settlements will not be published, as July 4 is not a Trade Date or Processing Date.
  • NYMEX Intraday files will NOT be produced, NO Clearing will occur, no clearing functionality will be available.
  • Daily SPAN and Erosion (NERC Holiday) files will NOT be produced.
  • Options CAN NOT be exercised.
  • There WILL NOT be any allocation of Energy and Metal Deliveries or Delivery Notices and related forms WILL NOT be accepted.
  • First normal intraday file generated on calendar date July 5 will contain trades from calendar date July 4 (as all trades are for July 5th trade date.)

  • NYMEX/COMEX products on CME Globex resume trading at 6:00 PM (July 5 Trade Date.)
  • NYMEX ClearPort Trading (DME Direct) resumes trading at 6:00 PM (July 5 Trade Date.)
  • NYMEX ClearPort Clearing resumes trading at 6:00 PM (July 5 Trade Date.)
Thursday July 5, 2007
  • Normal schedule resumes.
  • Banking for July 3rd clearing cycle will occur.
  • Large Trader Reporting (NYMEX/COMEX) for July 3rd trade date for any Clearing Members not holding DME positions due by 8:00 AM.
  • Normal Erosion for Electricity products will occur. Since July 4 is a NERC holiday, "Double Erosion" is not necessary.
If you experience any NYMEX issues, please contact NYMEX Customer Service at 1-800-438-8625 or custcare@nymex.com.

If you experience any Globex® issues, please contact the CME Globex® Control Center at 312-456-2391.

The full NYMEX 2007 Holiday Schedule can be found at: http://www.nymex.com/holida_schedu.aspx.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com