Notice to Members
Notice No. 51 02/08/2008
Trading and Processing Schedule for President's Day Holiday
The complete trading and processing schedule for February 15-19, 2008 is as follows (All Times Eastern): Friday February 15, 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 (February 15 Trade Date.) Large Trader Reporting (DME) for the February 15 trade date for any Clearing Members holding DME positions due by Midnight Friday night/Saturday morning. Sunday February 17, 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 (February 19 Trade Date.) Day/Session orders entered on CME Globex or on DME Direct on NYMEX ClearPort Trading are for the February 19 Trade Date and will continue working until Tuesday’s Close at 5:15 PM EST Monday February 18, 2008 (President’s Day) DME Intraday Settlement Price (OSP) to be published at normal time of 3:30 AM Eastern for February 18 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 (February 19 Trade Date.) Day/Session orders entered on CME Globex or on DME Direct on NYMEX ClearPort Trading are for the February 19 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 February 19 Trade Date. NYMEX/COMEX Trading Floors closed. NYMEX TMS up/available for Trade Management for February 19 Trade Date. NYMEX Cleared Trades API will be available Markets will not be settled and settlements will not be published, as February 18 is not a Trade Date or Processing Date.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 files will NOT be produced. (An additional Erosion file will be produced on February 19). 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 February 19 will contain trades from calendar date February 18 (as all trades are for February 19th 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 (February 19 Trade Date.) Tuesday February 19, 2008 Normal schedule resumes. Banking for February 15th clearing cycle will occur. Large Trader Reporting (NYMEX/COMEX) for February 15th trade date for any Clearing Members not holding DME positions due by 8:00 AM. "Double Erosion" will occur to account for the February 18 Peak Day (not a NERC holiday). Two Erosion files will be produced. 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