Notice to Members
Notice No. 433
08/22/2008
Trading and Processing Schedule for Labor Day Holiday
The complete trading and processing schedule for August 29 through September 2, 2008 is as follows (All Times Eastern):

Friday August 29, 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 (August 29 Trade Date.)
  • Large Trader Reporting (DME) for the August 29 trade date for any Clearing Members holding DME positions due by Midnight Friday night/Saturday morning.
Sunday August 31, 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 (September 2 Trade Date.)
  • Day/Session orders entered on CME Globex® or on DME Direct on NYMEX ClearPort® Trading are for the September 2 Trade Date and will continue working until Tuesday's Close at 5:15 PM EST.
Monday September 1, 2008 (Labor Day)
  • DME Intraday Settlement Price (OSP) to be published at normal time of 4:30 AM Eastern for September 1 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 (September 2 Trade Date.)
  • Day/Session orders entered on CME Globex® or on DME Direct on NYMEX ClearPort® Trading are for the September 2 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 September 2 Trade Date.
  • NYMEX/COMEX Trading Floors closed.
  • NYMEX TMS up/available for Trade Management for September 2 Trade Date.
  • NYMEX Cleared Trades API will be available
  • Markets will not be settled and settlements will not be published, as September 1 is not a Trade Date or Processing Date.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 September 2 will contain trades from calendar date September 1 (as all trades are for September 2 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 (September 2 Trade Date.)
Tuesday September 2, 2008
  • Normal schedule resumes.
  • Banking for August 29rd clearing cycle will occur.
  • Large Trader Reporting (NYMEX/COMEX) for August 29 trade date for any Clearing Members not holding DME positions due by 8:00 AM.
  • Normal Erosion for Electricity products will occur. Since September 1 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