NYBOT's markets will observe moments of silence at 8:47 AM, 9:03 AM, 9:59 AM, and 10:29 AM (all times NY) in accordance with the citywide commemoration marking the times that each building was hit by a plane and that each of them collapsed.
The markets will remain closed for an additional 21 minutes after the final minute of silence, in memory of each of the members and former members of the two exchanges who died that day, and will reopen at 10:51 AM.
To accommodate the moments of silence, the following schedule will be followed:
- SUGAR -- Sugar #14 opens at 8:50 a.m. (unchanged), Sugar #11 delayed open from 9:00 a.m. to 9:05 a.m.
- FCOJ -- Open at 10:00 a.m. (unchanged), while honoring 9:59 a.m. moment of silence during the normal pre-open period
- COTTON - Open delayed from 10:30 a.m. to 11:00 a.m., with the pre-open to start at the end of the 4th moment of silence
The individuals who will be memorialized include:
- Steven Furman (former member of the NYMEX Division of the New York Mercantile Exchange)
- Dennis Foo (member of COMEX Division of the New York Mercantile Exchange and CSCE of the New York Board of Trade)
- Doug Gardner (member of NYCE)
- Joseph Heller (COMEX Division Member)
- Joseph Holland (NYMEX Division member)
- Robert Hussa (former COMEX Division member)
- Joseph Kellett (NYMEX Division Member)
- Neil Leavy (former COMEX Division member)
- James McAlary, Jr. (NYMEX Division member)
- Thomas McGinnis (NYMEX Division member)
- Mark Motroni (member of NYMEX Division and CSCE)
- David Nelson (COMEX Division member)
- Edward Oliver (NYMEX Division member)
- Robert O'Shea (NYMEX Division member)
- Patrick O'Shea (member of the CSCE and NYCE, as well as COMEX)
- Mark Petrocelli (NYMEX Division Brent permit holder)
- Edward Ryan (former member of NYMEX and COMEX Divisions)
- Joseph Shea (NYCE member)
- Paul Skrzypek (former NYMEX Division member)
- Carlton Valvo (former NYMEX Division member)
- Elkin Yuen (NYMEX Division member)
The New York Board of Trade's trading facilities, back offices and data center were completely destroyed in the September 11 attack. Because the exchange had established an emergency backup facility after the 1993 bombing of the World Trade Center, it was the first trading floor to re-open on September 17, 2001.
The New York Board of Trade moved into the New York Mercantile Exchange building on September 2, 2003, leasing trading floor and office space.
The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.
