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NYMEX Announces First 32 Products - Hours - Fix 4.2 Protocol For New Trading Platform

Date 24/12/2002

The New York Mercantile Exchange, Inc., yesterday announced that, at launch, its new electronic execution services trading system will include the 32 recently introduced futures contracts that are based upon over-the-counter (OTC) contracts.

The Exchange also announced that the system will be open from 7 PM, Sundays, and 3:15 PM, Mondays through Thursdays, through 2:30 PM the following day.

The new platform will offer users the ability to access the system via industry-standard Financial Information Exchange 4.2 protocol.

The open standards of this system will allow for a flexible Application Programming Interface, creating a portal for the energy trading community from its own systems to the safety and transparency of the Exchange markets and clearinghouse. As the Exchange moves forward, it plans to further expand the range of products and services available through this platform.