.jpg)
New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced a complete trading and processing schedule for the Memorial Day holiday (all in Eastern time):
Friday May 23, 2008
- Normal floor closing for all NYMEX and COMEX products. Not an early closing day.
- NYMEX and COMEX products on CME Globex® and NYMEX ClearPort®, including DME Direct, open until 5:15 PM for the May 23 trade date.
- Large trader reporting for any clearing members holding DME positions for the May 23 trade date are due by midnight on Friday.
Sunday May 25, 2008
- NYMEX and COMEX products on CME Globex, NYMEX ClearPort, and DME Direct will re-open for trading and trade submission at 6:00 PM for the May 27 trade date.
- Day/session orders entered on CME Globex or DME Direct are for the May 27 trade date, which will continue until Tuesday's close at 5:15 PM.
Monday May 26, 2008 (Memorial Day)
- DME intraday settlement price to be published at the normal time of 4:30 AM for the May 26 calendar date. No post-close settlement will be published.
- NYMEX and COMEX products on CME Globex, NYMEX ClearPort clearing and trading, including DME Direct, will be open for trading and trade submission until 5:15 PM (for the May 27 trade date).
- Day/session orders entered on CME Globex or DME Direct are for the May 27 trade date, which will continue until Tuesday's close at 5:15 PM.
- NYMEX TAS products on CME Globex will be available for trading for the May 27 trade date.
- NYMEX and COMEX trading floors will be closed.
- NYMEX TMS will be available for trade management for the May 27 trade date.
- NYMEX cleared trades API will be available.
- Markets will not be settled and settlements will not be published, as May 26 is not a trade or processing date.
- NYMEX intraday files will not be produced, no clearing will occur, and no clearing functionality will be available.
- Daily SPAN and erosion (NERC holiday) files will not be produced.
- Options cannot be exercised.
- There will not be any allocation of energy and metal deliveries or delivery notices and related forms will not be accepted.
- First normal intraday file generated on calendar date May 27 will contain trades from calendar date May 26 (as all trades are for May 27th trade date).
- NYMEX and COMEX products on CME Globex, NYMEX ClearPort clearing and trading, including DME Direct, will re-open for trading and trade submission at 6:00 PM ( for the May 27 trade date).
Tuesday May 27, 2008
- Normal schedule will resume.
- Banking for the May 23 clearing cycle will occur.
- Large trader reporting (NYMEX/COMEX) for the May 23 trade date for any clearing members not holding DME positions will be due by 8:00 AM.
- Normal erosion for electricity products will occur. Since May 26 is a NERC holiday, "double erosion" is not necessary.
The full NYMEX 2008 Holiday Schedule can be found at: http://www.nymex.com/holida_schedu.aspx
