Message-ID: <7273306.1075844799049.JavaMail.evans@thyme>
Date: Wed, 25 Apr 2001 02:42:00 -0700 (PDT)
From: exchangeinfo@nymex.com
To: sara.shackleton@enron.com
Subject: (01-138) Spot Month Procedures on the Eve of First Notice Day
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Notice No. 01-138
April 25, 2001


TO:
All COMEX Division Members/Member Firms
All COMEX Division Clearing Members
All COMEX Division Floor Traders
All COMEX Division Operations Managers

FROM:
Michael Campanelli, Vice President
Floor Operations, COMEX Division

RE:
Spot Month Procedures on the Eve of First Notice Day


Please be reminded that Monday, April 30, 2001, is the First Notice Day, fo=
r=20
the Gold, Silver, Copper and Aluminum futures delivery month of May 2001 (t=
he=20
new spot month).

On Friday, April 27, 2001, the Eve of the First Notice Day, all Brokers and=
=20
Clearing Members must have a duly authorized, On-Line Trade Entry (=01&OLTE=
=018)=20
system trained representative available until such time as the Exchange dee=
ms=20
necessary.

It is imperative that trades involving the Spot Month are processed and=20
cleared properly.  Therefore, representatives are expected to make a dilige=
nt=20
effort to process all Spot Month trades accurately.

Failure by any Clearing Member or qualified Floor Trader to show due=20
diligence involving Spot Month Trade processing may result in severe=20
disciplinary action by the Exchange.

If you should have any questions, please do not hesitate to contact David=
=20
Sherman at (212) 299-2061.



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