NYMEX Announces Trading And Processing Schedule For President's Day Holiday

The New York Mercantile Exchange, Inc. a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced a complete trading and processing schedule for the President's Day holiday (all in Eastern time):

  Friday February 15, 2008

  -- Normal Floor closing for all NYMEX and COMEX products. Not an early
     closing day.
  -- NYMEX and COMEX products on CME Globex®, NYMEX ClearPort®
     (including DME Direct) will be open until 5:15 PM, for February 15
     trade date.
  -- large trader reporting for any clearing members holding DME positions
     for the February 15 trade date are due by midnight on Friday.


  Sunday February 17, 2008

  -- NYMEX and COMEX products on CME Globex and NYMEX ClearPort (including
     DME Direct) will open for trading/trade submission at 6:00 PM for the
     February 19 trade date.
  -- Day/session orders entered on CME Globex or on DME Direct are for the
     February 19 trade date and will continue through Tuesday's close at
     5:15 PM.


  Monday February 18, 2008 (President's Day)

  -- NYMEX and COMEX trading floors will be closed.
  -- The DME intraday settlement price (OSP) to be published at the normal
     time of 3:30 AM for February 18 calendar date.  No post-close
     settlement to be published.
  -- NYMEX and COMEX products on CME Globex and NYMEX ClearPort (including
     DME Direct) will open for trading/trade submission for the February 19
     trade date until the trading halt at 5:15 PM.
  -- Day/session orders entered on CME Globex or DME Direct will be for the
     February 19 trade date and will continue until Tuesday's close at
     5:15 PM.
  -- NYMEX trading at settlement (TAS) products on CME Globex will be
     available for trading for the February 19 trade date.
  -- NYMEX TMS will be available for trade management for February 19 trade
     date.
  -- NYMEX cleared trades API will be available.
  -- Markets will not be settled and settlements will not be published, as
     February 18 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 files will not be produced (an additional
     erosion file will be produced on February 19).
  -- 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.
  -- The first normal intraday file generated on calendar date February 19
     will contain trades from calendar date February 18.
  -- NYMEX and COMEX products on CME Globex and NYMEX ClearPort (including
     DME Direct) all reopen for trading/trade submission at 6:00 PM
     (February 19 Trade Date).


  Tuesday February 19, 2008

  -- Normal schedule resumes.
  -- Banking for February 15th clearing cycle will occur.
  -- Large trader reporting for NYMEX and COMEX for February 15th trade date
     for any clearing members not holding DME positions are due by 8:00 AM.
  -- "Double Erosion" will occur to account for the February 18 Peak Day.
     Two erosion files will be produced.

The full NYMEX 2008 holiday schedule can be found at: http://www.nymex.com/holida_schedu.aspx