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New York Mercantile Exchange Announces Abbreviated Trading Hours In Dublin During U.S. Holiday Weekend

Date 14/01/2005

The New York Mercantile Exchange, Inc., announced it will close its Dublin trading facility at 1 PM New York time (6 PM Dublin time) on Friday, January 14, and Monday, January 17, 2005.

The light, sweet crude oil/Brent crude oil futures spread will be available for trading in Dublin on both of these days. Because Monday is not a regular business day in New York, the Exchange will use the settlement prices for light, sweet crude oil from Friday, January 14, 2005.

In addition, as January 14 is the expiration day for the February contract month of the cash-settled Brent crude oil contract, the Exchange will provide a final settlement price for this contract month on its website on January 17.