The New York Mercantile Exchange, Inc., announced today that it will postpone the migration of the NYMEX miNYsm crude oil and natural gas contracts from the Chicago Mercantile Exchange® Globex® platform to NYMEX ClearPort® as previously scheduled for August 22. As a result, the October contract month of the NYMEX miNYsm crude oil and natural gas contracts will be listed for trading on the Globex® platform effective 6:00 PM (EST) today.
Exchange President James E. Newsome said, "Testing has been successfully completed, and the Exchange systems are prepared and ready for this transition. In fact, as of today, more than 35 firms have signed up and certified for FIX connectivity to our electronic platform. However, as the Exchange continues to study its strategic alternatives, which includes a review of existing technology initiatives, it has determined that the appropriate course of action at this time is to maintain existing technology arrangements."
FTSE Mondo Visione Exchanges Index:
Nymex Postpones Migration of NYMEX miNY Futures Contracts
Date 17/08/2005