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New York Mercantile Exchange To Hold Electronic Natural Gas Session On Wednesday Evening

Date 26/11/2002

The New York Mercantile Exchange, Inc., today announced that it will hold a special electronic trading session for natural gas futures on the NYMEX ACCESS® system from 3:15 to 6:00 PM, Wednesday, November 27, so that the market can be open during the release of Energy Information Agency storage data.

The data is normally released at 10:30 AM on Thursday, but the timing of the announcement was changed this week due to the Thanksgiving Day holiday.

Trades conducted during the session will be considered as having been transacted during the December 2 session.

Exchange President J. Robert Collins, Jr., said, "We have worked diligently to ensure the availability of our markets during the release of critical information so that all market participants have the ability to react as they see fit to storage information. This additional session is being offered in direct response to customer request."