Notice to Members
Notice No. 419 08/23/2007
Trading and Processing Schedule for Labor Day Holiday
The complete trading and processing schedule for August 31 though September 4, 2007 is as follows (All Times Eastern): Friday August 31, 2007 Normal Floor Closing all products (NYMEX/COMEX); Not an early closing day NYMEX/COMEX products on CME Globex® open until 5:15 PM (August 31 Trade Date) NYMEX ClearPort® Clearing open until 5:15 PM (August 31 Trade Date) NYMEX ClearPort® Trading (incl. DME Direct) open until 5:15 PM (August 31 Trade Date) Large Trader Reporting (DME) for the August 31 Trade Date for any Clearing Members holding DME positions due by Midnight Friday night/Saturday morning Sunday September 2, 2007 NYMEX/COMEX products on CME Globex Open for trading at 6:00 PM (September 4 Trade Date) NYMEX TAS products on CME Globex are available for trading for September 4 Trade Date Day/Session orders entered on CME Globex are for the September 4 Trade Date and will continue working until the market Close on September 4 at 5:15 PM NYMEX ClearPort Clearing open for trade submission and trading at 6:00 PM (September 4 Trade Date) NYMEX ClearPort Trading (incl. DME Direct) open for trading at 6:00 PM (September 4 Trade Date) Day/Session orders entered on DME Direct on NYMEX ClearPort Trading are for the September 4 Trade Date and will continue working until the market Close on September 4 at 5:15 PM. Monday September 3, 2007 (Labor Day) DME Intraday Settlement Price (OSP) to be published at normal time of 4:30 AM Eastern for September 3 Calendar Date. No Post-close settlement will be published NYMEX ClearPort Trading (incl. DME Direct) open for trading until trading halt at 5:15 PM (September 4 Trade Date) NYMEX ClearPort Clearing open for trade submission and trading until trading halt at 5:15 PM (September 4 Trade Date) NYMEX/COMEX products on CME Globex open until Trading Halt at 5:15 PM (September 4 Trade Date) NYMEX TAS products on CME Globex are available for trading for September 4 Trade Date Day/Session orders entered on CME Globex are for the September 4 Trade Date and will continue working until the market Close on September 4 at 5:15 PM. Day/Session orders entered on DME Direct on NYMEX ClearPort Trading are for the September 4 Trade Date and will continue working until the market Close on September 4 at 5:15 PM NYMEX/COMEX Trading Floors closed NYMEX TMS up/available for Trade Management for September 4 Trade Date. Cleared Trades API will be available Markets will not be settled and settlements will not be published, as September 3 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 September 4 will contain trades from calendar date September 3 (as all trades are for September 4th Trade Date) NYMEX/COMEX products on CME Globex resume trading at 6:00 PM (September 4 Trade Date) NYMEX ClearPort Trading (DME Direct) resumes trading at 6:00 PM (September 4 Trade Date) NYMEX ClearPort Clearing reopen for trade submission at 6:00 PM (September 4 Trade Date) Tuesday September 4, 2007 Normal schedule resumes for all systems and products Banking for August 31 clearing cycle will occur Large Trader Reporting (NYMEX/COMEX) for August 31 Trade Date for any Clearing Members not holding DME positions due by 8:00 AM Normal Erosion for Electricity products will occur. Since September 3 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.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com