Notice to Members
Notice No. 07
01/11/2008
Trading and Processing Schedule for Martin Luther King Jr. Holiday
The complete trading and processing schedule for January 18-22, 2008 is as follows (All Times Eastern):

Friday January 18, 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 (January 18 Trade Date.)

  • Large Trader Reporting (DME) for the January 18 trade date for any Clearing Members holding DME positions due by Midnight Friday night/Saturday morning.
Sunday January 20, 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 (January 22 Trade Date.)
  • Day/Session orders entered on CME Globex or on DME Direct on NYMEX ClearPort Trading are for the January 22 Trade Date and will continue working until Tuesday's Close at 5:15 PM EST.
Monday January 21, 2008 (Martin Luther King Jr. Day)
  • DME Intraday Settlement Price (OSP) to be published at normal time of 3:30 AM Eastern for January 21 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 (January 22 Trade Date.)
  • Day/Session orders entered on CME Globex or on DME Direct on NYMEX ClearPort Trading are for the January 22 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 January 22 Trade Date.

  • NYMEX/COMEX Trading Floors closed.
  • NYMEX TMS up/available for Trade Management for January 22 Trade Date.
  • NYMEX Cleared Trades API will be available
  • Markets will not be settled and settlements will not be published, as January 21 is not a Trade Date or Processing Date.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 January 22).
  • 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 January 22 will contain trades from calendar date January 21 (as all trades are for January 22th 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 (January 22 Trade Date.)
Tuesday January 22, 2008
  • Normal schedule resumes.
  • Banking for January 18th clearing cycle will occur.
  • Large Trader Reporting (NYMEX/COMEX) for January 18th trade date for any Clearing Members not holding DME positions due by 8:00 AM.
  • "Double Erosion" will occur to account for the January 21 Peak Day. Two Erosion files will be produced.
The full NYMEX 2008 Holiday Schedule can be found at: http://www.nymex.com/holida_schedu.aspx

If you experience any NYMEX issues, please contact NYMEX Customer Service at 1-800-438-8622 or custcare@nymex.com.

If you experience any Globex issues, please contact the CME Globex Control Center at 318-456-2391.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com