Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nymex To Change Early Closing Time For Coal

Date 28/12/2001

The New York Mercantile Exchange, Inc., announced today that it will change the early closing time for coal futures to 12:30 P.M. for days that the Exchange has designated for early closings.

These days include December 31, 2001, and January 18; February 15; May 24; August 30; and December 24 and 31 in 2002.

The change reflects the abbreviated trading hours under which the Exchange has been operating since September 17 and will remain in place until the hours are extended. All other open outcry energy markets except propane futures will continue to cease at 1:00 P.M. on those days. Propane futures close at 12:15 P.M. The early closing for aluminum and palladium will remain at noon; silver and copper will end at 12:05 PM on those days; and gold and platinum will close at 12:10