Notice to Members
Notice No. 264 05/20/2008
Trading and Processing Schedule for Memorial Day Holiday
The complete trading and processing schedule for May 23-19, 2008 is as follows (All Times Eastern): Friday May 23, 2008 Normal Floor Closing all products (NYMEX/COMEX); Not an early closing day. NYMEX/COMEX products on CME Globex®, NYMEX ClearPort® Clearing, and NYMEX ClearPort® Trading (incl. DME Direct) open until 5:15 PM (May 23 Trade Date.) Large Trader Reporting (DME) for the May 23 trade date for any Clearing Members holding DME positions due by Midnight Friday night/Saturday morning. Sunday May 25, 2008 NYMEX/COMEX products on CME Globex, NYMEX ClearPort Clearing, and NYMEX ClearPort Trading (incl. DME Direct) all open for trading/trade submission at 6:00 PM (May 27 Trade Date.) Day/Session orders entered on CME Globex or on DME Direct on NYMEX ClearPort® Trading are for the May 27 Trade Date and will continue working until Tuesday’s Close at 5:15 PM EST. Monday May 26, 2008 (Memorial Day) DME Intraday Settlement Price (OSP) to be published at normal time of 4:30 AM Eastern for May 26 Calendar Date. No Post-close settlement to be published. NYMEX/COMEX products on CME Globex, NYMEX ClearPort Clearing, and NYMEX ClearPort Trading (DME Direct) all open for trading/trade submission until trading halt at 5:15 PM (May 27 Trade Date.) Day/Session orders entered on CME Globex or on DME Direct on NYMEX ClearPort Trading are for the May 27 Trade Date and will continue working until Tuesday’s Close at 5:15 PM EST. NYMEX TAS products on CME Globex® will be available for trading for the May 27 Trade Date. NYMEX/COMEX Trading Floors closed. NYMEX TMS up/available for Trade Management for May 27 Trade Date. NYMEX Cleared Trades API will be available Markets will not be settled and settlements will not be published, as May 26 is not a Trade Date or Processing Date.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 cannot 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 May 27 will contain trades from calendar date May 26 (as all trades are for May 27th trade date.) NYMEX/COMEX products on CME Globex, NYMEX ClearPort Clearing, and NYMEX ClearPort Trading (DME Direct) all re-open for trading/trade submission at 6:00 PM (May 27 Trade Date.) Tuesday May 27, 2008 Normal schedule resumes. Banking for May 23rd clearing cycle will occur. Large Trader Reporting (NYMEX/COMEX) for May 23 trade date for any Clearing Members not holding DME positions due by 8:00 AM. Normal Erosion for Electricity products will occur. Since May 26 is a NERC holiday, "Double Erosion" is not necessary. If you experience any NYMEX issues, please contact NYMEX Customer Service at 1-800-438-8616 or custcare@nymex.com. If you experience any Globex® issues, please contact the CME Globex® Control Center at 318-456-2391. The full NYMEX 2008 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