New York Mercantile Exchange Advances e-miNY<SUP>sm</SUP> Listings

The board of directors of the New York Mercantile Exchange recently approved listing the second month of trading in the e-miNY^sm crude oil and natural gas futures contracts ten days prior to expiration of the front month instead of four days.

This change is effective with the November 2003 contracts.

Exchange President J. Robert Collins, Jr., said, "This change was made in response to customer request to aid in the efficiency of the roll-over process. The on-going input of the trading community is proving invaluable to the growth of these markets."