Message-ID: <32928764.1075844803381.JavaMail.evans@thyme> Date: Wed, 11 Apr 2001 05:43:00 -0700 (PDT) From: exchangeinfo@nymex.com To: sara.shackleton@enron.com Subject: (01-127) Amendments to NYMEX Rule 6.05(A) ("Transactions, Bids and Offers on the Trading Floor") Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: exchangeinfo@nymex.com X-To: sara.shackleton@enron.com X-cc: X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Notes inbox X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Notice No. 01-127 April 11, 2001 TO: ALL NYMEX DIVISION MEMBERS FROM: Neal Wolkoff Executive Vice President RE: Amendments to NYMEX Rule 6.05(A) (=01&Transactions, Bids and Offers on the= =20 Trading Floor=018) Please be advised that NYMEX Rule 6.05 (A) has been amended. A copy of th= e=20 amendments is included below. The amendments will become effective on=20 Monday, April 16, 2001. The amendments relate to the quantity which is understood to be bid or=20 offered in the ring when no quantity is specified. Currently, this amount = is=20 five contracts for NYMEX crude oil, natural gas, heating oil, unleaded=20 gasoline, platinum and palladium futures contracts. The amendments change= =20 this quantity to ten contracts for the above-referenced products. If you have any questions, please contact George Henderson, Vice President= =01)=20 Floor Operations at 212-299-2071. NEW AMENDMENTS TO NYMEX RULE 6.05(A) (Asterisks indicates additions; brackets indicate deletions.) Rule 6.05. TRANSACTIONS, BIDS AND OFFERS ON THE TRADING FLOOR (A) Except as otherwise specifically provided in the Bylaws and Rules, all= =20 purchases, sales, bids and offers for futures and options contracts: (1) shall be executed openly and competitively by open outcry in the=20 appropriate trading ring during the authorized hours of trading; (2) shall, for light sweet crude oil, heating oil, New York Harbor unleaded= =20 gasoline, natural gas, platinum and palladium futures contracts, be=20 understood to be for [five] * ten * contracts where no quantity is specifie= d,=20 and, for all other futures contracts and all options contracts, be understo= od=20 to be for one contract where no quantity is specified; (3) shall be open to the first Member immediately accepting such bid or off= er; (4) shall be binding upon the first Member accepting such bid or offer or= =20 part of such bid or offer at the price named by the bidding or offering=20 Member; and shall be deemed withdrawn if not accepted immediately. __________________________________________________ Please click on the link below to indicate you have received this email. "http://208.206.41.61/email/email_log.cfm?useremail=3Dsara.shackleton@enron= .com& refdoc=3D(01-127)" Note: If you click on the above line and nothing happens, please copy the text between the quotes, open your internet browser, paste it into the web site address and press Return.