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NYBOT Announces Further Delay In Implementation Of Changes To USDX EFP Transactions

Date 25/08/2004

The New York Board of Trade® (NYBOT®) announced today that the implementation date for several amendments to its rule concerning changes to the U.S. Dollar Index (USDX) Exchange for Physical (or EFP) transactions, originally announced via a release dated July 19, 2004, has been delayed indefinitely pending further consultation with market participants.

The amendments to the rule concerned the times during which EFP transactions in the USDX futures contracts may be executed. The delay in implementing the amendments means that any and all changes to EFP procedures contained in the earlier release ARE NOT IN EFFECT. Once a final determination concerning implementation is made, the Exchange will make the appropriate announcement.

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.