NYMEX Announces Trading And Processing Schedule For Memorial Day Holiday

The New York Mercantile Exchange, Inc., today announced a complete trading and processing schedule for May 25 to 29 (all in Eastern time):

Friday May 25, 2007

Normal trading floor closing all products (NYMEX/COMEX); not an early closing day.

NYMEX ClearPort® clearing/trading open until 5:15 PM (May 25 trade date)

NYMEX/COMEX products on CME Globex® open until 5:15 PM (May 25 trade date)

Sunday May 27, 2007

NYMEX ClearPort clearing/trading open for trade submission and trading at 6:00 PM (May 29 trade date)

NYMEX/COMEX products on CME Globex open for trading at 6:00 PM (May 29 trade date)

NYMEX TAS products on CME Globex are available for trading for May 29 trade date

Day/session orders entered on CME Globex are for Tuesday's trade date and will continue working until Tuesday's close at 5:15 PM

Monday May 28, 2007 (Memorial Day)

NYMEX/COMEX products on CME Globex open until trading halt at 5:15 PM (May 29 trade date). During halt, all markets are in pre-open, which allows order entry, modification, and cancellation.

NYMEX ClearPort clearing/trading open for trade submission and trading until trading halt at 5:15 PM (May 29 trade date)

NYMEX TAS products on CME Globex are available for trading for May 29 trade date.

Day/session orders entered on CME Globex are for Tuesday's trade date and will continue working until Tuesday's close at 5:15 PM.

NYMEX/COMEX trading floors closed.

NYMEX TMS up/available for trade management for May 29 trade date.

Cleared trades API will be available

Markets will not be settled and settlements will not be published, as May 28 is not a trade date or processing date.

NYMEX intraday files will NOT be produced, NO clearing will occur, no clearing functionality will be available.

Daily SPAN and erosion (NERC Holiday) files will NOT be produced. Options CAN NOT 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 29 will contain trades from calendar date May 28 (as all trades are for May 29th trade date)

NYMEX/COMEX products on CME Globex resume trading at 6:00 PM (May 29 trade date.)

NYMEX ClearPort clearing/trading resume trading at 6:00 PM (May 29 trade date)

Tuesday May 29, 2007

Normal schedule resumes

Banking for May 25 clearing cycle will occur

Large trader reporting for May 25 trade date due by 8:00 AM

Normal erosion for electricity products will occur. Since May 28 is a NERC holiday, "Double Erosion" is not necessary.