Message-ID: <9425813.1075860248326.JavaMail.evans@thyme>
Date: Tue, 27 Mar 2001 05:04:00 -0800 (PST)
From: exchangeinfo@nymex.com
To: mark.taylor@enron.com
Subject: (01-108) Spot Month Procedures on the Eve of First Notice Day
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Notice No. 01-108
March 27, 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 Friday, March 30, 2001, is the First Notice Day, fo=
r=20
the Gold, Silver, Copper and Aluminum futures delivery month of April 2001=
=20
(the new spot month).

On Thursday, March 29, 2001, the Eve of the First Notice Day, all Brokers a=
nd=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.


MC/ms



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