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The December NYMEX miNYTM crude oil futures contract will expire on Globex® at 2:30 PM New York time on November 17. The January contract will be listed for trading on Globex® at 3:15 PM New York time on November 3, for the trade date of November 4. It will cease trading on Globex® at 2:30 PM New York time on November 18. The January NYMEX miNYTM crude oil futures contract will then transition to NYMEX ClearPort® from Globex® and commence trading at 7 PM New York time on Sunday, November 20 for the trade date of November 21.
The January NYMEX miNYTM natural gas futures contract will be listed for trading on Globex® at 3:15 PM New York time on November 9 for the trade date of November 10. The December and January NYMEX miNYTM natural gas futures contracts will cease trading on Globex® on at 2:30 PM New York time on November 18 but will commence trading on NYMEX ClearPort® at 7:00 PM New York time on Sunday, November 20 for the trade date of November 21.
Exchange President James E. Newsome said, "The migration of the NYMEX miNYTM futures contracts to the NYMEX ClearPort® trading and clearing system allows the Exchange to offer its customers the ability to manage their risk from a single electronic platform."
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Forward Looking and Cautionary Statements
This press release may contain forward–looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results. Forward–looking statements involve a number of assumptions, risks, and uncertainties, any of which may cause actual results to differ materially from the anticipated, estimated, or projected results referenced in forward–looking statements. In particular, the forward–looking statements of NYMEX Holdings, Inc., and its subsidiaries are subject to the following risks and uncertainties: the success and timing of new futures contracts and products; changes in political, economic, or industry conditions; the unfavorable resolution of material legal proceedings; the impact and timing of technological changes and the adequacy of intellectual property protection; the impact of legislative and regulatory actions, including without limitation, actions by the Commodity Futures Trading Commission; and terrorist activities and international hostilities, which may affect the general economy as well as oil and other commodity markets. We assume no obligation to update or supplement our forward–looking statements.
